Seeing Machines Limited (AIM: SEE) , partnered with National Transport Insurance (NTI), a leading Australian specialist insurer, to develop programs to promote Seeing Machines’ Guardian solution to policyholders today.
The two are to establish a range of programs to promote the benefits of Guardian, the company’s Fleet solution that detects fatigue and distraction related driver events in real time.
The company said it will also complement a range of road safety improvements. The initiative follows the release of the NTI Crash Report at the Australian Trucking Association's annual conference in Perth on Thursday 4 April.
Shares in Seeing Machines ticked up 0.81% to 3.125p following the announcement
Christopher Hogarty, Chief Customer Officer at NTI said: “From small, regional owner operators to multistate fleets, we work to build stronger, safer businesses - a value also deeply ingrained in what Seeing Machines do.”
“We have entered into an exclusive partnership with Seeing Machines to develop a unique insurance offering which promotes Guardian, their market-leading and life-saving technology.”
Paul McGlone, GM Fleet at Seeing Machines added "Guardian is a safety technology that is already deployed in over 14,000 commercial vehicles worldwide, keeping drivers and their communities safe.”
"Seeing Machines works closely with insurers in several countries today. Partnering with NTI in Australia will open up significant opportunities to accelerate growth in our Fleet business locally and create new information based collaboration and services.”
The Company's machine learning vision platform delivers real-time identification and understanding of drivers through Artificial Intelligence (AI) analysis of heads, faces and eyes.
It develops Driver Monitoring Systems to monitor driver/operator identification and attention detecting drowsiness and distraction for the Automotive, Commercial Fleet, Aviation, Rail and Off-Road markets.
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