The Challenge: Policy Leakage in Commercial Vehicle Insurance
Commercial vehicle insurance faces significant revenue loss through policy leakage. These gaps occur when actual vehicle usage doesn't match policy terms, leading to underpricing and increased risk exposure.
Operation Radius
Vehicle being used beyond the permitted operating radius from its home location.
Vehicle Count Mismatch
Incorrect number of vehicles listed in the policy.
Total Annual Miles
Discrepancies in the number of miles driven per year.
Driver Behavior Devices
Devices may only be installed on some vehicles instead of all of them.
Device and Data Health
A certain number of installed devices may not be working or sending valid data.
Driver Coaching
Monitoring what percentage of videos are being used for driver coaching and engagement.
Our Solution: EdgeTensor Commercial Insurance Platform
EdgeTensor offers a commercial insurance solution that leverages its technology to address common issues in commercial vehicle insurance. Our all-in-one computer vision and deep learning-based video analytics platform serves the automotive and insurance markets with proven results.
Serving aftermarket fleet, insurance, and Automotive TIER 1 clients with streamlined incident reporting and fraud prevention.
How EdgeTensor Transforms Insurance Operations
Our platform targets insurance companies with a streamlined solution for incident reporting and fraud prevention through digital FNOL processing:
Incident Detection
AI-powered systems automatically detect incidents and trigger digital FNOL for quick claim handling and processing.
Real-Time Verification
Fraud prevention using actual real-time information and verifiable event data to validate claims authenticity.
Contextual Analysis
AI-powered analytics contextualize accident data with weather, road conditions, and driver behavior for accurate assessment.
Loss Prevention
Prevention of future losses through recommended coaching workflows and predictive risk management strategies.
Key Benefits for Insurance Companies
Transform your commercial vehicle insurance operations with measurable improvements in efficiency and profitability:
Transform Your Insurance Operations
Reduce policy leakage, prevent fraud, and streamline claims processing with EdgeTensor's comprehensive commercial insurance solution.