Draivn and Milliman join forces to integrate AccuRate Fleet™ score into the Draivn Visibility Platform and to enable insurers to use the score out-of-the-box.
Who’s involved
Draivn – insurtech startup on a mission to make fleet data available and useful for any interested party. And Milliman – one of the leading providers of actuarial, risk management, and technology solutions – serving the full spectrum of insurers, healthcare organizations, employers, and financial and government institutions.
What makes the score unique
To build AccuRate Fleet™, Milliman analyzed thousands of crashes and close to three billion miles of commercial vehicle driver behavior. It makes their score one of the most reliable on the market and, more importantly, it’s approved by 30 State insurance regulators in the US.
What’s in it for insurers?
Draivn and Milliman worked together to enable an advanced technology solution hassle free. The integrated product is available to commercial fleet insurers, MGAs, and brokers globally.
Draivn enables its customers to master vehicle data and access existing telematics fleet solutions. Now, they can sign up any commercial fleet, and are able to ingest the data from any sensor, independent of its source, unified in a single data set.
Milliman’s AccuRate score builds on this and allows insurers, MGAs, and brokers to immediately access an actuarially validated behavioral driving score that has been accepted by regulators. They can save years compared to collecting data and building their own score.
Draivn is proud to partner with industry leaders like Milliman. Hope together, we’ll make fleet insurance profitable again, bring fleet risk management to a new level and fast-track the digitalization of the insurance industry.
We want to take a moment to give a shout-out to the Milliman team – Alex Smyrnios, Larry Baeder and Peggy Brinkmann – who made it happen. We're excited to embark on this journey with you. Stay tuned as we dive headfirst into this collaboration. There's hard work, innovation, and a whole lot of hustle ahead, and we're here for it!
