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    GREAT   SE0005881554

GREATER THAN AB

(GREAT)
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Delayed Nasdaq Stockholm  -  11:29:56 2023-02-03 am EST
72.60 SEK   -3.20%
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Greater Than listed in InsurTech100 list for addressing challenges faced by the insurance industry

10/25/2022 | 06:56am EST

Greater Than, a leading global provider of GPS data analysis to identify crash risk and associated cost per individual driver, is listed in InsurTech100 for the third time, in recognition of its next-generation pattern AI technology that helps insurers make more valuable, sustainable business decisions.

The InsurTech100 list for 2022, published today, recognizes the innovators and pioneers providing solutions to address the most pressing challenges faced by the insurance industry, including an increased use of digital channels, and shifting customer expectations. InsurTech (insurance technology) companies like Greater Than have been at the forefront of tackling those challenges with the sector predicted to grow at a CAGR of 46%, to reach a market size of $114bn by 2030.

"It's an honor to once again be included in the prestigious InsurTech100 list for helping insurance providers gain real-time predictive driver risk insights to better understand the cost of risk and potential claims per individual user. We're proud to see our AI technology recognized for the positive difference it makes to the insurance industry, which in turn benefits society by influencing safer, more sustainable driving behaviors," - says Sten Forseke, Founder of Greater Than.

The process to identify the 100 InsurTech innovation leaders this year was more competitive than ever. A panel of analysts and industry experts voted from a longlist of over 1,800 companies produced by FinTech Global. The finalists were recognized for their innovative use of technology to solve a significant industry problem, or to generate efficiency improvements across the insurance value chain.

"Faced with seismic shifts in consumer behavior, the so-called "race to digitalize" and challenging market conditions, insurers have their work cut out for them. The InsurTech100 lists helps senior insurance executives in the industry filter through the noise in the market by highlighting the tech companies transforming sectors such as underwriting, embedded insurance, pricing, distribution and data & analytics," says Richard Sachar, Director of FinTech Global.

A full list of the InsurTech100 for 2022 and detailed information about each company is available to download at www.TheInsurTech100.com.

For media inquiries, contact;

Eva Voors, Chief Communications Officer, Greater Than 

+46-708 884 880
eva.voors@greaterthan.eu
www.greaterthan.eu 

About Greater Than
Greater Than is an AI data analytics company that predicts crash probability and CO2 impact per driver in real-time, revolutionizing auto insurance pricing and new business solutions for the automotive, new mobility and fleet industries.

Our AI has experienced the equivalent of 855,000 man-years of real driving and has to date discovered over 7 billion unique driver DNAs: learning that makes it the most experienced AI driver in the world.

Greater Than is appointed as an InsurTech100 company and AIFinTech100 company and has been named Provider of AI Automotive Product of the year, 2021. Greater Than (GREAT:SE) is listed on Nasdaq First North Growth Market. FNCA Sweden AB is the Company's Certified Adviser. Learn more at www.greaterthan.eu.

https://news.cision.com/greater-than/r/greater-than-listed-in-insurtech100-list-for-addressing-challenges-faced-by-the-insurance-industry,c3654280

https://mb.cision.com/Main/11629/3654280/1643173.pdf

https://news.cision.com/greater-than/i/greater-than-insurtech100-2022,c3105288

(c) 2022 Cision. All rights reserved., source Press Releases - English

Stocks mentioned in the article
ChangeLast1st jan.
FINTECH GLOBAL INCORPORATED 0.00% 59 Delayed Quote.5.36%
GREATER THAN AB -3.20% 72.6 Delayed Quote.-12.32%
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Financials
Sales 2021 19,4 M 1,84 M 1,84 M
Net income 2021 -29,7 M -2,82 M -2,82 M
Net cash 2021 108 M 10,3 M 10,3 M
P/E ratio 2021 -49,8x
Yield 2021 -
Capitalization 917 M 87,2 M 87,2 M
EV / Sales 2020 48,2x
EV / Sales 2021 70,7x
Nbr of Employees 33
Free-Float 45,9%
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Annika Liselott Johansson Chief Executive Officer
Markus Waldenstr÷m Chief Financial Officer
Fredrik Rosencrantz Chairman
Maria Kristina Th÷rner Independent Director
Karin Birgitta Forseke Independent Director
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