SambaSafety has acquired Collision Management Systems (CMS), a Milton Keynes, U.K.-based provider of telematics, camera, and corporate data aggregation and risk analytics, according to an April 28 news release.
SambaSafety serves more than 15,000 global corporations and insurance carriers with driver monitoring and online training on the Qorta platform, as well as risk pricing solutions. The merger will allow customers of both businesses to leverage the powerful combination of telematics and camera-critical events data from CMS and SambaSafety driver risk data sources, providing a comprehensive view of driver risk.
“CMS chose SambaSafety because of the close alignment of our collective mission to make roadways safer through data insights, as well as SambaSafety’s enthusiasm to invest in expanding our footprint and capabilities for customers in the U.S. and Europe. We couldn’t be more excited about the path forward,” said Charles Smith, CEO of CMS who will serve as vice president, product – connected vehicle in the new merged entity.
The solutions will increase overall risk visibility for Qorta customers and deliver a consistent transatlantic risk and compliance management solution for employers and insurers.
“We have long seen the potential of bringing ‘live’ critical events detail from telematics and cameras together under the same pane of glass with MVR and CSA monitoring insights and claims data on the Qorta platform. Today’s announcement will facilitate making that vision a reality for global risk and safety professionals,” said Allison Guidette, CEO, SambaSafety. “Both companies are moving quickly to take advantage of each other strengths and we expect to make several exciting announcements in the employer, insurance and partnership space very soon.”