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Follow on Google News | Buckle Adds Crash Risk Data from TNEDICCA to Auto Insurance Underwriting for Better Fair Rates for TBuckle continues to champion for gig drivers by utilizing non-traditional data sources from TNEDICCA to fairly underwrite comprehensive auto policies at better rates
By: Buckle "Insurance companies underwrite policies for gig drivers based on traditional credit scoring, leaving them with only high premiums," said Sharon Fernandez (https://www.linkedin.com/ Buckle is utilizing TNEDICCA's Location-Based Crash Risk Score solution, which calculates risk based on actual accident hotspots around a specific location. TNEDICCA provides the most precise location risk solutions which are built based on more than 30 million crashes generating average loss ratio lift of 38 percent. Its Usage-Based Risk Score solution is also helping Buckle account for telematics data beyond driving behaviors by assessing crash risk of actual route coordinates by date and time of trips. More than one third of all U.S. workers, approximately 57 million people (https://www.smallbizgenius.net/ Buckle expects to expand its relationship with TNEDICCA to utilize its risk avoidance, enhanced safety, and improved driver engagement capabilities. About TNEDICCA Founded in March 2015 and headquartered in Columbus, Ohio, TNEDICCA's mission is to reduce future traffic accidents through the better use of data and analytics. TNEDICCA acquires and curates comprehensive traffic crash data and provides location-based crash intelligence through its cloud based analytical platform. The company provides solutions to auto insurance, navigation service, automotive manufacturing, and transportation planning industries. The company's crash risk scores have empirically proven to help auto insurance companies improve their profitability through more accurate pricing and better risk selection. For more information on TNEDICCA, please visit the company's website at www.tnedicca.com. All trademarks recognized. # End
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