Aon acquires Humn.ai to boost commercial fleet offerings

DUBLIN, IRELAND — Professional services firm Aon has acquired insurtech company Humn.ai to help fleet companies manage their insurance costs using artificial intelligence (AI).
The deal will give Aon’s clients a real-time view of their fleet performance. Humn.ai’s AI-powered system, which offers insights based on data, will allow fleet managers to avoid accidents and reduce the costs associated with risks. Fleet companies can also manage insurance costs through the enhanced system.
“It is more important than ever for our fleet and mobility clients to have access to data-driven insights and tools that inform their risk and business strategies,” said Jillian Slyfield, chief innovation officer at Aon.
“Today’s announcement is a testament to our ongoing investment in technology to build innovative offerings that address evolving client needs.”
The London-based Humn.ai offers an insurance platform for general fleet, private and public hire taxis, public sector, courier, and single commercial vehicles.
The software utilizes behavioral science to give users valuable information to reduce road risks and unnecessary expenses.
According to its Crunchbase profile, Humn.ai has raised £17.2 million (US$22 million) in pre-seed, seed, and Series A investments.
Meanwhile, Aon recently appointed Rishi Mehra as Head of India and Alicia Goosen as Head of Commercial Risk and Chief Broking Officer.