Commitment to Hartford:
- Telematics Aggregation
- Reduce MVR Fees
- Identify License Fraud
- Decrease Risk Profile
An Experienced Partner for Every Stage of your Journey
Whether you're just beginning to explore telematics for your commercial fleet or looking to enhance your current program, SambaSafety can help Hartford navigate a telematics program. With over a decade of experienced aggregating telematics for commercial insurers, you’ll gain a partner experienced in all aspects of commercial auto telematics, ready to guide you to success regardless of where you are in your journey.
- Refine traditional rating factors for better accuracy
- Efficiently identify and address risk exposures
- Benchmark and monitor policyholder risk profiles against your goals
- Develop innovative usage-based insurance products tailored to your needs
- Offer a robust ecosystem of risk management services
Optimize MVR Spend and Streamline Underwriting Workflows
Access the right level of data at the right time with enriched license and violation data available nationwide. SambaSafety’s configurable services were designed to support dozens of underwriting use cases, so you can verify, enrich and qualify driving data with ease. Our accurate driving data can be used in place of or ahead of an MVR to pinpoint those needing further review, saving you an average of $7-10 a driver.
Protect your Business Against Fraud
Identify and reduce potential premium leakage points when you leverage our license check solutions. Our approach allows for a progressive assessment of driver risk by initially verifying provided license information, which helps detect potential fraud and minimize MVR no hits caused by low-quality data, so you can confidently proceed with violation or MVR orders. If a foreign driver’s license is provided, we can also check the individual for history of a U.S. license to uncover potential hidden violations and reduce premium leakage.
Decrease Risk Profile Events by 50%
We believe that visibility leads to profitability. SambaSafety’s Portfolio Insights can help Hartford increase the visibility of early warning risk indicators, with strong links into loss control to take corrective action. We help you gain the insight needed to pinpoint and mitigate concentrated risks down to the client, so you can focus mitigation efforts and approach renewal with confidence and without unwelcome surprises.
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Loss Control
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Product Development
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Underwriting
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Advanced Analytics
Actionable Insights to Prevent the Collision
Empower your clients with the insights and tools to identify and proactively take action on risk before a costly claim occurs. Continuous monitoring of high-risk behaviors and violations, coupled with targeted training can reduce frequency by up to 16% in the first year, improving the profitability of your book. Track trends across your entire portfolio or pinpoint areas of highest risk with Portfolio Insights. Shared visibility with your commercial policyholders leads to more productive consultation and risk mitigation.
Dive into our case study and witness how leveraging portfolio insights led to a remarkable 50% decrease in violations in just 6 months.
Accelerate Time to Market on New Coverages
Expedite the product development cycle for new usage-based coverages using normalized data directly from your clients’ existing telematics devices. Automated onboarding paired with an expansive integration footprint - spanning the majority of commercial vehicles -enables you to meet your clients’ needs better and faster using fewer resources. Get an optimal return on your investment by introducing differentiated coverages in a fraction of the time to more of your book.
Explore our comprehensive step-by-step guide to developing a commercial auto insurance telematics program, empowering you to navigate the complexities with confidence and success.
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Outsmart Risk & Protect Your Bottom Line
Expand your view to assess your clients’ entire fleet instead of only a portion of it while saving tens of thousands on MVR costs. Get access to activity across state and national boundaries on all drivers within a fleet using Risk Assessment and receive a summary of any activity found without pulling an MVR. Grow profitably using automated underwriting solutions that are configurable and cost-effective while adhering to established guidelines.
Discover actionable insights in our blog, 'Reimagining Underwriting: 5 Tips for P&C Insurers', paving the way for innovative approaches in the insurance landscape.
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Improve Time to Value with High Quality Data
Leverage normalized, enriched data across policyholders’ existing telematics devices to build new models, improve the performance of existing models and collaborate with Product and Underwriting to create UBI products. Build with confidence knowing that the data has passed over 37 quality metrics with a tolerance of 2% or less. Disparate raw data from hundreds of sources is thoughtfully transformed into a single, easy to use format to make ingestion a breeze.
Explore our latest blog post: 'Navigating Telematics Deployment Methods: A Decision-Maker’s Guide for Commercial Carriers', providing invaluable insights to streamline your approach in telematics implementation.
Ready to Learn More About SambaSafety?
Shane is eager to connect with you and share in-depth insights about the SambaSafety platform.
