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SIUs use vehicle location sightings to detect occupancy fraud. When a surprising number of people report an ambivalence toward insurance fraud, and even view it as a “harmless crime,” it’s easy to see why insurers across all industries continue to grapple with fraud. Take occupancy fraud for instance. You say you are purchasing a home […]

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Did you know that the term “light-bulb moment” is listed in the Oxford Dictionary? The term is defined as: A moment of sudden realization, enlightenment, or inspiration. And just recently, while attending the Collections and Recovery Solutions conference, we visited with a lender that had one such moment. As we have talked with people at […]

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Personal rate evasion and fraud causes higher insurance rates for all but vehicle location data helps to investigate. When discussing garaging issues, the focus of the conversation is usually around garaging fraud. But that is really a misnomer. It probably should be more broadly referred to as garaging issues or rate evasion. Carriers tell me […]

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The surprising truth about commercial auto fraud and how vehicle location data helps carriers capture premium leakage. Insurance agents and policyholders alike know the easiest route to lower premiums on commercial auto policies is through Zone, Radius, and Final Build. Think about it, using current systems and technology carriers are simply at a loss when […]

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The Facts Don’t Lie Like most B2B businesses, DRN solves problems for our customers. And by solving these problems, we do more than just drive revenue and results, we create a bigger impact. That impact touches anyone that drives a car and has an insurance policy. Our data and analytics mitigate risk for auto lenders […]

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FORT WORTH, TEXAS — April 19, 2016 —Electric Insurance Company has adopted the “Live Alerts” stolen vehicle identification and recovery system after saving more than $30,000 in costs associated with a vehicle theft claim in just the first four days of implementing the software into their process. Stolen vehicles cost the insurance industry $4.5 billion […]

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Mike Villanova added to support Auto Finance channel growth FORT WORTH, TX 04/15/2016 – As Digital Recognition Network (DRN) continues to rapidly expand the company’s auto finance channels, the company has hired Mike Villanova as Director of Channel Sales. Adding this position, enables DRN to provide the dedicated support needed for this growing market. Mike […]

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