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    GREAT   SE0005881554

GREATER THAN AB

(GREAT)
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Greater Than : is developing the world's first predictive motor risk index

05/10/2021 | 08:10am EDT

Greater Than (GREAT) the AI insurtech and global road risk analysis supplier is dedicated to developing the world's first predictive motor risk index. The risk index will serve as an indicator of current and future motor risk, providing a time advantage of 12 to 24 months over the traditional actuarial risk model. On top, the Enerfy Motor Risk Index will, for the first time, provide one single benchmark on motor risk, from local to global aspects.

The Enerfy Motor Risk Index is a further commitment of Greater Than in providing world-leading risk insight for the better good for mobility, insurance, environment and road fatalities. Based on Greater Than's patented AI technology that predicts road accidents and loss cost in real-time per individual car/driver, providing a time advantage of over 12 to 24 months, compared to current traditional actuarial risk model. 

"The insurance and mobility industry are currently operating with ancient risk models, and the Enerfy Motor Risk Index will leapfrog the insurance industry into the future, putting them on par with other digital industries. The digital age, simply up, requires better tools to manage customers and cost of operations, so I am exceedingly proud to be able to deliver this solution for the better good for all stakeholders" - said Liselott Johansson, CEO, Greater Than  

The Enerfy Motor Risk Index is based purely on unbiased and irrefutable data. It is the key to getting an accurate understanding of current and future risk in any geographical markets. When this information is available, insurance carriers, fleets, OEMs and new mobility owners gain an instant understanding of current trends and future risk. National transport administrations, road assistant services, and road map providers are other segments that can highly benefit from the several new layers of information, including also levels of the environmental impact per time slot and roads. 

"We're very excited providing for motor and insurance industry what Bloomberg offers for the stock market. By the use of insights and products, we can help to foster sustainable mobility and a road environment with less pressure on energy consumption - which is a win-win for all." - said Liselott Johansson, CEO, Greater Than

For media inquiries, contact;

Eva Voors, Chief Communications Officer

+46-708 884 880
eva.voors@greaterthan.eu
www.greaterthan.eu 

About Greater Than
Greater Than is an AI and Insurtech company, providing predictive risk insights on claims frequency and cost - helping global insurance carriers with better pricing of premiums, smart customer retention and targeted customer acquisition. Based on the company's AI technology, Greater Than provides a product portfolio including Enerfy Risk Portfolio Tracker, Enerfy Loyalty and Enerfy Insurance Products, as well as additional services and apps for dynamic pricing, car sharing, fleets, leasing and driver gamification. Greater Than partners with large insurance enterprises such as Zurich, MSIG, and with Toyota. Greater Than is listed on Nasdaq First North Growth Market. Learn more at greaterthan.eu.

https://news.cision.com/greater-than/r/greater-than-is-developing-the-world-s-first-predictive-motor-risk-index,c3344076

https://mb.cision.com/Main/11629/3344076/1415413.pdf

https://news.cision.com/greater-than/i/press-image-enerfy-motor-risk-index,c2911312

(c) 2021 Cision. All rights reserved., source Press Releases - English

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Financials
Sales 2021 32,4 M 3,77 M 3,77 M
Net income 2021 -11,8 M -1,37 M -1,37 M
Net cash 2021 128 M 14,9 M 14,9 M
P/E ratio 2021 -112x
Yield 2021 -
Capitalization 1 439 M 167 M 167 M
EV / Sales 2021 40,5x
EV / Sales 2022 9,52x
Nbr of Employees 25
Free-Float 58,6%
Chart GREATER THAN AB
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Mean consensus -
Number of Analysts 1
Last Close Price 114,00 SEK
Average target price 110,50 SEK
Spread / Average Target -3,07%
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Managers and Directors
Annika Liselott Johansson Chief Executive Officer
Markus Waldenstr÷m Chief Financial Officer
Lars Magnus Berg Chairman
Anders Lindel÷f Chief Technology Officer
Maria Kristina Th÷rner Independent Director
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