The Floow Limited has been acquired by Otonomo Technologies Ltd.
Direct Line Insurance Group plc has sold The Floow Limited, a software as a service (SaaS) global provider of connected insurance technology for major carriers, to Otonomo Technologies, the mobility intelligence company.
The Floow is a pioneer in the use of advanced data analytics that sits behind blue-chip insurers-connected automotive insurance policies that effectively prices on driving behavior and usage, rather than more typical demographics.
Located in Israel, Otonomo Technologies is a cloud-based SaaS platform for the vehicle data exchange.
Oaklins Cavendish, based in the UK, advised on the sale of The Floow Limited.
CEO, The Floow Limited
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