Case Study: Acorn Insurance achieves more accurate risk pricing and growth with Concirrus Quest Motor

A Concirrus Case Study

Preview of the Acorn Insurance Case Study

How Acorn Insurance leveraged Quest Motor technology to grow their business through increased visibility of their risk exposure

Acorn Insurance, a specialist motor insurer, needed a way to assess the risk of rentE’s innovative on-demand car hire fleet. Traditional pricing techniques treated the business like a high-risk taxi operation, leading to cripplingly high premiums that made it impossible for rentE to add more vehicles and grow.

Concirrus used its Quest Motor technology to combine dash cam data with telematics, giving Acorn a clearer view of risky driving behaviours and overall exposure. The pilot showed rentE’s fleet was significantly lower risk than expected, enabling Acorn to reduce premiums, price more accurately, and win new business in a new market while improving proactive fleet risk management.


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Acorn Insurance

Martin Gowing

Director


Concirrus

14 Case Studies