Roamly Launches AI-Powered Carshare Insurance Following Lloyd's Coverholder Appointment and Celent Innovation Award

Roamly, a leader in digital specialty insurance technology, announced the launch of its AI-powered Carshare insurance platform designed to serve the fast-evolving needs of the mobility and shared vehicle economy. This launch follows Roamly's recent appointment as a Lloyd's of London Coverholder and its recognition with the Celent Innovation Award for its proprietary AI-powered Actuarial Rater™. Built to integrate seamlessly with marketplaces, fleet operators, mobility providers and transportation networks, Roamly Carshare combines machine learning, telematics, and generative and agentic AI to streamline underwriting, automate claims, and deliver precision risk solutions. The platform's API-first no code architecture ensures insurance is embedded directly into booking, checkout, and fleet management workflows—allowing Pro operators to operate faster and scale more profitably while delivering embedded, state-mandated insurance on all vehicle transactions. First Commercial Vehicle Insurance Embedded in Fleet Management SaaS Tool The launch of Roamly Carshare, represents the first commercial vehicle insurance embedded into a fleet rental management SaaS tool, enabling operators to take direct bookings, manage small to large fleets in multiple locations and keep a greater share of their revenue. Carshare already covers 7,000 vehicles nationwide and is on track to onboard more than 12,000 units in 2025. The Carshare platform supports both carsharing and ridesharing use cases. Key Carshare features include:

• Direct Booking, More Earnings: Carshare Insurance is embedded into Wheelbase(R), Roamly's SaaS fleet management system, so operators can book customers directly on their own branded websites and also list on third-party marketplace platforms.
  
  
• Scalable and Compliant: Policies adapt to fleet size, geography, and usage patterns, meeting state insurance requirements without expensive, inflexible commercial insurance packages.
  
  
• Multi-Use Coverage: Protection extends to when vehicles are parked, used personally, or driven for rideshare platforms like Uber and Lyft.

"Insurance has historically been a barrier for shared mobility operators and marketplaces as it often represents their largest expense," said Jeff Cavins, Chief Executive Officer at Roamly. "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 and protects consumers who participate in the marketplace economy. "The Carshare product has been strong coming off launch, and will generate more than $12M in premium by the end of the year", said Cavins. Customers: Roamly Carshare Eliminates Barriers to Growth Roamly Carshare fleet owners experience greater control in growing their businesses on their terms. The embedded insurance creates an additional income stream for growth. "Roamly Carshare has been a huge unlock for me to scale my business. The embedded insurance gives me operational control, higher margins, and a better customer experience. It's seamless and powerful, and my customers and I love it", says Natalia Zorina, President of GM Luxe in Hollywood, Florida. Sean Cohen of FYV Co., a 6-location luxury auto provider with more than 70 cars in and around Miami, Florida describes how the embedded insurance introduces a new business model to fleet operators: "Roamly is changing the way car rentals are done," he says. Justin Pappan, owner of EV Access and Dryve It in Phoenix, AZ, elaborates, "Roamly Carshare has transformed the way we operate. Before Roamly, insurance was the single biggest friction point in scaling our fleet. Now, we can onboard vehicles faster, protect our assets more cost effectively, and serve our customers with total confidence. It's not just insurance—it's a key part of the engine that's driving our growth." Roamly Expands Capabilities as Lloyd's Coverholder Roamly's expanded capabilities as a Lloyd's Coverholder gives it access to global specialty insurance markets, accelerating the company's ability to design and distribute niche, unique insurance products worldwide while 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 Aaron Ammar, Chief Insurance Officer at Roamly. "With our new Carshare insurance, and the fast-shifting landscape of the mobility markets, our Lloyd's appointment and Celent's recognition of our AI-powered technology, position us to lead in both insurance product innovation and execution."