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Latest Post: Insurance

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Unveiling the Power of DRN’s LPR Data: Unmasking Garaging, Pre-existing Damage, and Unauthorized Commercial Vehicle Use Fraud

Introduction Insurance fraud has become a colossal challenge plaguing the insurance industry. According to the Coalition Against Insurance Fraud, roughly $45 billion dollars in losses happen annually in the property and casualty sector. Combatting insurance scams demands cutting-edge technologies and advanced data analysis techniques. Enter License Plate Recognition (LPR) data—a

Read More »

Powerful Stories of LPR Data in Insurance & Other Investigations

DRN’s first-ever Virtual Showcase brought together experts from across the auto industry to discuss perspectives, trends and best practices for using license plate recognition (LPR) data to solve various challenges and drive success. One section of the agenda focused on the auto insurance piece of the industry, specifically on how

Read More »

How Repwest Succeeds Using LPR Data for U-Haul

As North America’s premier commercial license plate recognition (LPR) data provider, we offer the richest data set and analytics available. For insurers, our extensive database of billions of license plate scans – which include addresses and date/timestamp – can play a major role in fraud cases from vehicle location to

Read More »

The 5 Most Shocking Commercial Use Examples Hiding in Your Books

Pictures prove extent of commercial use of a personal vehicle   Unfortunately, vehicles insured on personal auto policies are used for commercial business purposes at a surprising rate. When that happens, carriers lose out on premium and lose even more when accidents occur because commercial use vehicles carry higher risk.

Read More »

Insurance Blog

money and business concept car

Unveiling the Power of DRN’s LPR Data: Unmasking Garaging, Pre-existing Damage, and Unauthorized Commercial Vehicle Use Fraud

Introduction Insurance fraud has become a colossal challenge plaguing the insurance industry. According to the Coalition Against Insurance Fraud, roughly $45 billion dollars in losses happen annually in the property and casualty sector. Combatting insurance scams demands cutting-edge technologies and advanced data analysis techniques. Enter License Plate Recognition (LPR) data—a

Read More »

Powerful Stories of LPR Data in Insurance & Other Investigations

DRN’s first-ever Virtual Showcase brought together experts from across the auto industry to discuss perspectives, trends and best practices for using license plate recognition (LPR) data to solve various challenges and drive success. One section of the agenda focused on the auto insurance piece of the industry, specifically on how

Read More »

How Repwest Succeeds Using LPR Data for U-Haul

As North America’s premier commercial license plate recognition (LPR) data provider, we offer the richest data set and analytics available. For insurers, our extensive database of billions of license plate scans – which include addresses and date/timestamp – can play a major role in fraud cases from vehicle location to

Read More »

The 5 Most Shocking Commercial Use Examples Hiding in Your Books

Pictures prove extent of commercial use of a personal vehicle   Unfortunately, vehicles insured on personal auto policies are used for commercial business purposes at a surprising rate. When that happens, carriers lose out on premium and lose even more when accidents occur because commercial use vehicles carry higher risk.

Read More »