Matrix iQ, a UK-based specialist in connecting vehicle and driver behaviour data, and Carisma Group, a provider of fleet and motor insurance solutions, have today announced their partnership.
This partnership combines Carisma Group’s fleet insurance expertise with Matrix iQ’s telematics platform to deliver data-driven insights that improve safety and operational efficiency.
Stakeholders in the insurance sector will also benefit from improved loss ratios.
For Matrix iQ, this partnership marks an important move into European markets, expanding the company’s reach beyond the UK.
By leveraging Matrix iQ’s data capabilities, Carisma Group will be able to identify high-risk areas, enabling proactive engagement with clients to mitigate risk and reduce accidents.
Dylan Taylor, Insurance Partnerships Manager at Matrix iQ, says: “We’re excited to bring this partnership to the European market. It’s been exciting to see this collaboration in action and we’re confident that our combined capabilities will set a new standard. This is just the beginning of what we can achieve together.”
Mark Lyons, Chief Strategy Officer for Carisma Group, says, “Our mission is to reduce risk, reduce claims, and reduce traffic accidents. Matrix iQ’s data capabilities enable us to do exactly that. By identifying high-risk areas and behaviours, we can work proactively with our clients to mitigate risk. Our partnership empowers us to help support both our clients and our mission.”
The partnership is effective immediately, with services already rolling out to existing clients.
ENDS.
About Matrix iQ
Matrix iQ is a UK-based leader in telematics and fleet intelligence solutions. The company delivers device-agnostic data that empowers fleets and insurers to improve safety, enhance compliance, reduce environmental impact, and manage operations effectively.
About Carisma Group
Operating from offices in Dublin and Westmeath, Carisma leverages the benefits of traditional underwriting and fleet risk management to new mobility actors by solving underwriting and regulatory challenges. Carisma partners with its clients to create flexible, efficient, and sustainable solutions that meet the specific needs of the fleet market while maintaining the highest standards of client protection and regulatory compliance.
