16th January 2022

New partnership to lower insurance costs for motor carriers

Only in 2019 in the US, more than 118,000 large trucks were involved in crashes resulting in an injury. This worrying data led to a trend of rising insurance rates in 2021 and 2022.
To address this issue, technology is key. That's why Movingdots, Swiss Re's tech subsidiary in the automotive & mobility space, is partnering with Overhaul(US supply chain monitoring service provider) to enhance data monitoring and lower insurance costs for motor carriers. More specifically:

-Overhaul’s TruckShield platform will work with Movingdots’ telematics solution Coloride to enhance data gathering and machine learning techniques
-They will empower carriers to detect and correct risky driver behavioural events, while achieving on-time shipments and lower costs for insurers
-By combining their advanced knowledge, Movingdots and Overhaul aim to increase fleet safety and innovation

Swiss Re Trends(793 articles)