Source: PR Newswire

Roamly, a leader in digital specialty insurance technology, announced the launch of its AI-powered Carshare insurance platform designed to serve the fast-evolving needs of the mobility and shared vehicle economy. This launch follows Roamly’s recent appointment as a Lloyd’s of London Coverholder and its recognition with the Celent Innovation Award for its proprietary AI-powered Actuarial Rater™.

Built to integrate seamlessly with marketplaces, fleet operators, mobility providers and transportation networks, Roamly Carshare combines machine learning, telematics, and generative and agentic AI to streamline underwriting, automate claims, and deliver precision risk solutions. The platform’s API-first no code architecture ensures insurance is embedded directly into booking, checkout, and fleet management workflows—allowing Pro operators to operate faster and scale more profitably while delivering embedded, state-mandated insurance on all vehicle transactions.

“Insurance has historically been a barrier for shared mobility operators and marketplaces as it often represents their largest expense,” said Jeff Cavins, Chief Executive Officer at Roamly. “With our AI-powered Carshare solution, we’re breaking down that barrier—offering scalable, affordable, and fully embedded insurance coverage that helps operators grow with confidence and protects consumers who participate in the marketplace economy. “The Carshare product has been strong coming off launch, and will generate more than $12M in premium by the end of the year”, said Cavins.

Read the full article: https://www.prnewswire.com/news-releases/roamly-launches-ai-powered-carshare-insurance-following-lloyds-coverholder-appointment-and-celent-innovation-award-302533604.html