HERE Technologies, a location platform services provider, announced a partnership with CarVi Inc to provide better insights into driver behavior, improve driver safety and help with driver coaching. The new partnership provides greater intelligence for insurance risk analysis and helps consumers reduce insurance premiums.
CarVi is using HERE Location Services to combine their telematics data with real-world location intelligence to create contextual insights about driver behavior and in turn, to create a coaching mechanism for drivers. Specifically, CarVi has a dash cam with computer vision technology backed by six sensors which captures telematics data, along with speed limit and traffic flow speed along with video in real time. The data is then analyzed to study driver behavior and build a coaching mechanism. The resulting video is instrumental in faster claims management for insurance companies, fleet owners and ride-hailing drivers. CarVi has a user-friendly app to support the installation and usage of this solution.
Ultimately, the following enterprise customers benefit from this new partnership:
- Insurance providers gain contextual awareness into driver behaviors to improve their underwriting process.
- Policyholders get peace of mind from driver monitoring and ultimately lower insurance costs due to improved behavior.
- Fleet and ride-hailing companies gain visibility into driver behavior and can closely monitor driving habits, ultimately boosting performance and customer satisfaction.
- Automotive Manufacturers can easily add CarVi into their vehicles to enable internet connectivity, enhanced safety and 3D road data collection.
