Rewriting the Rules of Auto Insurance with AI, A Conversation with Jonathan Matus, CEO of Fairmatic
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We've had plenty of conversations about how insurance should work, but this one really got me thinking.
This week on The Leadership in Insurance Podcast, I sat down with Jonathan Matus, CEO of Fairmatic, to talk about something that’s been a huge challenge in our industry—fairness in commercial auto insurance. The way risk is priced right now often feels outdated. Businesses that invest in safer driving and better fleet management don’t always see that reflected in their premiums, and that’s a problem.
Fairmatic is trying to change that. They’re using AI and behavioural data to create a pricing model that actually rewards good driving instead of just relying on broad, traditional metrics. We talked about why the current system often gets it wrong, how better data could make roads safer, and what it really takes to scale an insurtech in an industry that isn’t exactly known for embracing change.
This was such an insightful conversation, and if you’re in insurance, insurtech, or just curious about how AI is shaking up the industry, you won’t want to miss it.
Also, if you enjoy these conversations, make sure to follow The Leadership in Insurance Podcast—we’re talking to the people leading real change in the industry every week.
Would love to hear your thoughts on this"Rewriting the Rules of Auto Insurance with AI – A Conversation with Jonathan Mates, CEO of Fairmatic—do you think AI can actually fix insurance? Let’s chat in the comments.
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