Vehicle Telematics

eDriving and Munich Re offer driver risk reduction program

eDriving warranties organizations will reduce the number of collisions by at least 20 percent in the first program year or the program fees will be refunded. The risk reduction program includes eDriving’s Mentor® program and Munich Re’s Smart Mobility program.

eDriving and Munich Re have teamed up to offer companies with commercial fleets a driver risk reduction program.

eDriving  warranties organizations will reduce the number of collisions by at least 20 percent in the first  program year or the program fees will be refunded. The risk reduction program includes eDriving’s Mentor® program and Munich Re’s Smart Mobility program.

The smartphone-based telematics program, Mentor® by eDriving, leverages the company’s patented approach that combines a client’s collision, motor vehicle report (MVR), and telematics data with behavioral science and advanced, interactive micro-training all in one system to help identify and remediate risky drivers and behaviors. Mentor’s approach delivers via smartphone a solution that:

  • Captures harsh acceleration, braking, cornering, speeding and cellphone distractions;
  • Performs proprietary predictive analytics fueling the FICO® Safe Driving Score, after every trip and over time;
  • Coaches drivers to safer driving through vivid personal insights, an in-app coaching playlist of short, engaging micro training (courses) tailored to each driver’s progress; and
  • Provides weekly dashboards and scorecards to drivers and managers to monitor driver progress, focusing their attention and targeted interventions on the riskiest drivers in any given week or month.

Included in this Mentor warranty package is Munich Re’s LossDetect™ (patent pending), an automated text-mining tool that analyzes automotive claims data and recommends potential solutions to further assist in reducing auto collisions.

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