2023-06-22 16:54:41 ET
- RLI's ( NYSE: RLI ) transportation unit has entered into a partnership with fleet management company Motive.
- "The partnership will provide RLI Transportation customers who have commercial fleets of any size, including those in the 1-10 vehicle space, with enhanced loss control resources through AI-powered dash cams, real-time safety alerts and a drive score program," RLI said in a statement on Thursday.
- RLI Transportation president Dan Meyer said Motive's AI-powered dash cams will help in better preparing RLI's insureds to detect risky driving behavior or drivers who may require additional coaching at an earlier stage.
- RLI stock earlier closed -1.2% at $130.22.
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RLI Transportation announces partnership with fleet management firm Motive