ATLANTA, June 20,
2024 /PRNewswire/ -- TruckerCloud has solidified
its position as the leading provider of innovative telematics
solutions for the transportation insurance industry. Connected with
over 40 Electronic Logging Device (ELD) and camera systems,
TruckerCloud enables insurers to launch telematics-based programs
in turnkey fashion.
Historically, telematics-based insurance programs have taken
years of technical integration development and data science
research to implement, not to mention recurring maintenance and
servicing costs.
TruckerCloud has solved this problem for top insurers, providing
powerful insights and streamlined processes for more accurate risk
analysis, claims adjudication, and telematics-based policy
management.
TruckerCloud's telematics data platform offers a comprehensive
suite of features designed to improve fleet safety, reduce
operational costs, and streamline insurance processes. Key features
of the platform include:
- Heartbeat Monitor: Live dashboard for real-time fleet
connectivity and VIN reporting.
- Mileage Reporter: Automatic mileage tracking by geographic
zone, VIN, and fleet.
- First Notice of Loss: Crash alerts within 10 minutes based
on ELD and camera footage.
- Behavioral Analytics: Detailed insights into fleet behavior,
including pre-policy driving data.
- Real-Time Location: Live map displaying current asset locations
and historical exposure.
"TruckerCloud is revolutionizing the commercial auto insurance
landscape by leveraging our advanced telematics data platform. Our
mission is to democratize access to crucial telematics data,
breaking down the traditional barriers that have hindered the
industry for years," says CEO Spencer
Mitchell. "By harnessing the power of our unique data
integration and analysis capabilities, we are enabling insurance
providers to achieve unprecedented levels of underwriting accuracy,
risk assessment, and operational efficiency. This transformation is
not just about technology; it's about creating a more effective and
data-driven ecosystem that benefits all stakeholders, from insurers
to fleet operators."
TruckerCloud's customers are seeing significant results with
newer models indicating a material lift in underwriting accuracy,
improved collection of real exposure data, and recouping losses
using its FNOL capabilities.
"Our partnership with TruckerCloud has accelerated and
streamlined the growth of our usage-based insurance solutions at
Canal, by exponentially increasing our connectivity network through
40+ telematics service providers. This provides a critical
foundation of flexibility, data access, and client support to
strategically expand our customer base and product offerings."
- Paul Brocklebank, CPCU |
President and CEO at Canal Insurance Company
With a new focus on risk analytics, the company aims to set new
standards in the commercial auto insurance industry and empower
businesses to thrive in an increasingly competitive market.
For more information, visit TruckerCloud.com
Media Contact:
Reed Peets
6018132323
379020@email4pr.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/top-commercial-auto-insurers-partner-with-truckercloud-for-innovation-in-telematics-data-access-and-analytics-302177120.html
SOURCE TruckerCloud