Business Chief April 2019

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its customers. “GUARD itself is not
a new company but in the last decade
we’ve acted like a fast growing startup,”
enthuses Foguel. “We’re growing every
year by 20-25% which shows that this is
not a steady state company in any form.
We’re always innovating and we always
have four or five projects on the go.”
In fact, just last year the firm announced
various partnerships with IoT companies
and AI applications, including a pilot
with Safe Drive Systems (SDS), to
create a collision avoidance system
and fleet management systems (FMS)
technology for its commercial auto
lines, and a project with Plank Re to use
AI to further automate the workers’
compensation underwriting process.
Berkshire Hathaway GUARD is truly
a strong role model for how to profitably
scale quickly and steadily. Businesses
should keep an eye on the firm to see
what they’ll do next.
canada.businesschief.com