Roamly, an innovative InsurTech company specialising in AI-powered insurance solutions for shared mobility, fleet management, and commercial vehicles, has launched its new AI-powered Carshare insurance platform.
The launch comes as Roamly looks to address long-standing barriers in the shared mobility market, where insurance often represents the single largest expense for operators, according to InsurTech Insights.
The company aims to help fleet operators scale efficiently while reducing operational friction.
Roamly provides AI-driven insurance products that combine telematics, machine learning, and proprietary algorithms to offer seamless coverage for mobility operators.
The company recently earned the Celent Innovation Execution Award for its AI-powered Actuarial Rater™ and was appointed as a Lloyd’s of London Coverholder, enhancing its global underwriting capabilities.
The newly launched Carshare platform is the first commercial vehicle insurance fully embedded within a fleet management SaaS tool.
It currently covers 7,000 vehicles nationwide and allows operators to take direct bookings, manage fleets across multiple locations, and optimise revenue while ensuring compliance with state-level regulations. Roamly expects to onboard more than 12,000 vehicles by the end of 2025.
Built with an API-first architecture, the Carshare product integrates with mobility marketplaces, transportation networks, and other service providers.
Leveraging machine learning, telematics, and generative AI, the platform automates claims, streamlines underwriting, and provides real-time risk assessment. Coverage supports a variety of use cases, including carsharing, ridesharing, personal use, and idle periods.
Fleet operators have praised the platform for its operational advantages. Natalia Zorina, President of GM Luxe in Hollywood, Florida, highlighted that the embedded insurance provides greater control, higher margins, and an improved customer experience. Other operators, including Sean Cohen of FYV Co. and Justin Pappan of EV Access and Dryve It, have credited Roamly with helping them overcome insurance as a major growth barrier.
“Insurance has historically been a barrier for shared mobility operators, often representing their single largest expense,” said Roamly CEO Jeff Cavins. “With our AI-powered Carshare solution, we’re breaking down that barrier—offering scalable, affordable, and fully embedded insurance coverage that helps operators grow with confidence.” Cavins added that the product generated over $12m in premium by year-end.
Roamly’s appointment as a Lloyd’s Coverholder allows the company to design and distribute specialty coverage globally, writing risk directly from Lloyd’s balance sheet. “Our mission is to build vertically integrated, AI-enabled insurance solutions that adapt to the speed of the modern mobility economy,” said Roamly Chief Insurance Officer Aaron Ammar. “Carshare, combined with our Lloyd’s appointment and Celent recognition, positions us to lead the future of mobility insurance.”
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