Markets/Coverages: Driver Technologies Launches Video Telematics-Based Driver Score

December 7, 2023

Driver Technologies, Inc., an AI-based mobility tech company, has announced its Driver Technologies Rating Service Inc. (DTRS) is rolling out its newly launched driver score to commercial fleets and insurance partners.

In a press release, Driver Technologies said Driver Score is “the first video telematics-based score using your mobile device that helps insurance companies underwrite and classify the risk instead of implementing traditional factors such as demographics and credit scores.”

Driver’s dash cam mobile app transforms a user’s smartphone into a dash cam designed to improve road safety. It provides users with a Driver Score after 10 hours of recorded driving. The Driver App also provides coaching along the way to promote good driving habits. That app is available on Google Play and the App Store.

Factors that contribute to a driver’s Driver Score include traditional vehicle telematics factors, such as speed or hard braking, as well as contextual telematics via external video to help account for the highest indicators of driving risk on the road.

“Driver Technologies currently offers the most accessible solution to road safety features and a driver score by using an app on your smartphone that one can download on an iOS or Android device as well as via an OEM or Google Automotive platform,” said Marcus Newbury, COO and co-founder of Driver Technologies. “Our Driver Score’s coaching capabilities will motivate drivers to practice safer driving behavior during their trips if they know their performance can result in discounted insurance premiums.”

According to the press release, Driver has proven through recent research that its dash cam and safety app helps coach drivers to implement safe driving behaviors and stop dangerous habits such as tailgating, blowing stop signs, hard braking and speeding after 20 hours of driving.

Individual fleet owners who have implemented the Driver app have also created incentives for their drivers to help encourage driver safety.

Topics Personal Auto New Markets

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