Azuga, a global provider of connected vehicle and fleet technologies, announces that the Beyond Insurance Global Network (BIGN) has incorporated Azuga Insurance Solutions into its line of network service offerings. In order to help its insurance agency members work with customers to reduce risk and to make better decisions about policies and pricing, the BIGN, will now offer Beyond Fleet Track powered by Azuga, giving BIGN members and their customers access to tools and data to make effective and smart decisions about fleet operations, driver behavior and risk.
When an insurance agency prices a commercial vehicle policy for a customer, it uses data including zip codes, driver history, vehicle class, industry classification and bankruptcy data as ways to assess risk. Azuga augments this approach, providing in-depth, real-world data about an organization’s actual behaviors across its entire fleet. Azuga’s technology captures and reports on several core vehicle and driver factors, such as:
- Detection of driving safety events, including speeding, sudden acceleration, hard and harsh braking and cornering
- Time of day and weather conditions at the instance of the safety event
- Severity and duration of driving safety events
- Crash impact detection
With this information, insurance agencies can better understand the true risk associated with their commercial fleet base and create right-fit policies across the spectrum of risk. Simultaneously, organizations with fleets that use Azuga’s technology will be able to detect high-risk driving behaviors in its mobile workforce and use coaching to eliminate them before they cause accidents, injuries and claims.