InsurTech Corridor participant Matrix iQ, which enables commercial auto and transportation insurers to gain a full view of their exposure to road risk, has won four awards at the UK Business & Innovation Awards, including Overall Winner.

The awards celebrate businesses’ resilience in the UK and their ability to push the limits of best practice and innovation.

SmartLink, Matrix iQ’s service which provides tech agnostic driver risk scoring for insurers, was awarded Gold in three categories for the way it is revolutionising fleet insurance and enabling insurers to work with their fleets to reduce collisions and emissions: Disruptive Business Model, Best Innovative Product and Best Product or Service Development.

Phil Powell, chief revenue officer at Matrix iQ said: “We’re incredibly pleased to be announced as the overall winner of the UK Business & Innovation Awards 2023. It feels amazing to see SmartLink getting the recognition it deserves after the effort that has gone into making it the best fleet risk aggregation solution on the market.”

Rytas Stankunas of InsurTech Corridor said: “What a huge achievement for Matrix iQ and a fantastic awards hat trick for its SmartLink service, which is set to flourish in the North American market.”

Matrix iQ is bridging the gap between connected technology and intelligent insight by giving businesses the ability to combine all their telematics and IoT data into one platform. This helps businesses improve the safety of their employees, reduce their environmental impact and protect their business assets.

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