Hint: Our pictures show it’s higher than you think – find fraud, stop fraud. Approximately 20% of all registered personal autos are pickup trucks. So not including the old Econoline vans, new Sprinters, and other types of at-risk vehicles, you know on average that at least 20% of your book
Commercial auto carriers look beyond differentiating to compete including vehicle location data to detect fraud at quote. Once again the commercial auto lines industry is experiencing rising losses. Once again the solution to bad results is to raise everyone’s rates to make up for the losses. Once again good risks
Isn’t it time to get the crooks off your books? When it comes to shopping for auto insurance policies, it should come as no surprise that the overriding concern for most insurance policyholders is price. Yes, they care about whether an insurer will pay a claim or not. Yes, they
Vehicle Sighting Data vs Telematics Explained Never heard of vehicle sightings? Or maybe you have but want to understand how it differs from telematics. Before we get into the specifics, let’s address why you should care. Telematics continue to rank among one of the top trends in the industry. Yet
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
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
Since joining DRN, I have reached out to the SIU community to learn how they use our SIU platform, Event Links, powered by DRN’s vehicle location data and analytics. And what I learned was eye opening. These highly skilled SIU investigators have that keen sense of the detective in them.
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
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
Vehicle location data offers new insights for uncovering commercial use of a personal vehicle. Insurance carriers know that commercial use of a personal vehicles happens. And, they know the numbers: Rating issues like commercial use cost the industry over $16 billion a year in loss premiums. Yet carriers tell me
Hint: Our pictures show it’s higher than you think – find fraud, stop fraud. Approximately 20% of all registered personal autos are pickup trucks. So not including the old Econoline vans, new Sprinters, and other types of at-risk vehicles, you know on average that at least 20% of your book
Commercial auto carriers look beyond differentiating to compete including vehicle location data to detect fraud at quote. Once again the commercial auto lines industry is experiencing rising losses. Once again the solution to bad results is to raise everyone’s rates to make up for the losses. Once again good risks
Isn’t it time to get the crooks off your books? When it comes to shopping for auto insurance policies, it should come as no surprise that the overriding concern for most insurance policyholders is price. Yes, they care about whether an insurer will pay a claim or not. Yes, they
Vehicle Sighting Data vs Telematics Explained Never heard of vehicle sightings? Or maybe you have but want to understand how it differs from telematics. Before we get into the specifics, let’s address why you should care. Telematics continue to rank among one of the top trends in the industry. Yet
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
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
Since joining DRN, I have reached out to the SIU community to learn how they use our SIU platform, Event Links, powered by DRN’s vehicle location data and analytics. And what I learned was eye opening. These highly skilled SIU investigators have that keen sense of the detective in them.
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
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
Vehicle location data offers new insights for uncovering commercial use of a personal vehicle. Insurance carriers know that commercial use of a personal vehicles happens. And, they know the numbers: Rating issues like commercial use cost the industry over $16 billion a year in loss premiums. Yet carriers tell me