Munich Re America Services has announced that it plans to use Driver•i technology from Netradyne within its Smart Mobility Program to help its clients reinforce good driver behaviour.
The reinsurer will add Netradyne’s AI-enabled camera system to its list of approved risk solutions for commercial fleet clients.
Munich Re’s Smart Mobility team uses its LossDetect software to evaluate an insured’s losses and then recommends a safety solution that best mitigates preventable losses within that loss profile.
The idea is that these solution options can enable customers to mitigate accident frequency and severity, reduce risks and lower operating costs, thus keeping drivers safe on the roads.
“We’re excited to offer our customers another tool that is designed to keep fleet drivers safe while operating their vehicles on the road,” said 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.”
Powered by AI and edge computing, Netradyne’s Driver•i is an advanced vision-based fleet safety camera platform built to reinforce good driving behavior.
It provides data to automatically coach and improve safety performance across a fleet, and can assess speed, traffic sign compliance, following distance, aggressive driving and distracted driving.
“We’re delighted to work with Munich Re,” said Mike DiNucci, Chief Revenue Officer, Netradyne. “With lawsuits against fleets at an all-time high, advanced tools like Driver•i 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.”
