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Netradyne Announces New Relationship with Munich Re

LEADING MULTINATIONAL INSURANCE COMPANY MAKES DRIVERI TECHNOLOGY AVAILABLE TO ITS FLEET CLIENTS

Netradyne, a leader in artificial intelligence (AI) and edge computing focusing on driver and fleet safety, announced that it teamed up with Munich Re America Services, Inc., a provider of risk solutions for the reinsurance and primary insurance market, to provide its Driveri® technology within Munich Re’s Smart Mobility Program. Munich Re will add Netradyne’s AI-enabled camera system to its list of approved risk solutions for commercial fleet clients.

“We’re excited to offer our customers another tool that is designed to keep fleet drivers safe while operating their vehicles on the road,” says Bruce Weisgerber, Smart Mobility Leader for Munich Re. “Netradyne is a natural fit for our Smart Mobility Program as it delivers fleet safety technology that is focused on helping fleets reduce risk, improve driver performance, and strengthen their coaching programs. Also, the superior clarity of the cameras can provide indisputable evidence for settling claims.”

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Munich Re’s Smart Mobility team uses its patent-pending LossDetect® software to evaluate an insured’s losses. It then recommends a safety solution that best mitigates preventable losses within that loss profile. These solutions can enable customers to mitigate accident frequency and severity, reduce risks, and lower operating costs. This keeps drivers safe on the roads.

“We’re delighted to work with Munich Re,” says Mike DiNucci, chief revenue officer, Netradyne. “With lawsuits against fleets at an all-time high, advanced tools like Driveri are essential for protecting both fleets and insurers. Even in the 20% of cases where the fleet is at fault, having an immediate, clear, unbiased view of the incident saves fleets a great deal of time.”

DRIVERI

Powered by AI and edge computing, Netradyne’s Driveri is a vision-based fleet safety camera platform that reinforces good driving behavior. It provides actionable data to automatically coach and improve safety performance across a fleet, proactively developing safer drivers. The system can assess speed, traffic sign compliance, following distance, aggressive driving, distracted driving, and much more.

Driveri helps prevent risky driving behavior and incidents that need quick action by issuing a corrective alert in real time. Because of its advanced edge computing capabilities, Driveri can also recognize incidents of positive driving. As a result, fleets are better able to mitigate the risks associated with accidents while recognizing and rewarding its safest drivers, reducing the likelihood of accidents happening at all. Because it analyzes 100% of drive time, managers receive deep insight into the driving environment. Driveri’s ability to recognize and reward good driving keeps drivers engaged and aids fleets in retaining their best drivers.

Find out more, visit www.netradyne.com.

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