The Problem
Avride, a provider of self-driving vehicles and delivery robots in Texas, faced hurdles with their contractual requirements due to insurance and compliance setup that were both costly and inefficient for their operations before contacting Koop in 2023. Specifically, the company was overpaying for coverage and certifications that did not provide any additional benefits given their risk profile.
The Solution
Koop transitioned Avride to a more efficient autonomous vehicle assurance program. This included support across compliance frameworks such as SOC 2, insurance, and security, tailored to its fleet of delivery robots and self-driving vehicles.
Looking Forward
Avride now operates with optimized coverage, ensuring its fleet’s success and growth while reducing operational costs. This enables the company to invest even more in the research and development that drives its success.
Why Koop
Koop delivers streamlined insurance and compliance programs for technology-driven companies, enabling innovation without compromise.
