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 insurers are relying on LPR data in their investigations. We welcomed contributors including:
- Barbie Bell – SIU Supervisor – Technology and Organized Fraud, Repwest Insurance
- Danyelle Golland – Associate Attorney, Sullivan and Graber
- Mark Gainous – IRBsearch
- Niki Marler – IRBsearch
- Tyler Arrington – Sr. Manager of Client Services, DRN
- Joe Brady – Director of Operations, Insurance, DRN
- Eric Nesson – Sales and Strategic Partnerships, Insurance, DRN
LPR technology provides physical vehicle images, location (latitude and longitude), date and time. Searches can be run using all of these parameters – search by plate or VIN and/or by location and date and time frame. During our Virtual Showcase sessions, we heard powerful, real-life examples of how all of these elements come together to boost the effectiveness and efficiency of insurance and other investigations.
From Barbie Bell, Repwest Insurance: Repwest is the captive insurance carrier for U-Haul, whose vehicles are often involved in false insurance claims involving vehicle or property damage as well as bodily injury. Barbie discussed several examples of using vehicle photos to prove pre-existing damage, or sometimes no damage at all.
Click here, to continue reading more about LPR in the insurance industry.