Launch of Smart Mobility Program
- April 30, 2018
- Posted by: Simon Wait
- Category: Industry News
Munich Reinsurance America, Inc. unveils its Smart Mobility Program offering a toolbox of solutions to address the issues surrounding commercial auto losses and to help reduce or avoid the risk of collision for commercial fleets.
Smart Mobility includes LossDetect an automated text-mining tool that analyses automotive claims data and recommends potential solutions.
‘Our Smart Mobility Program integrates technology and risk management solutions based on historical loss analysis to offer an innovative approach to the safety challenges faced by commercial fleet owners,’ said Mike Scrudato, senior vice president, mobility, Munich Reinsurance America, Inc.
Mike continued, ‘Our partnerships with leading edge companies in telematics and crash avoidance, in conjunction with our LossDetect tool, help us identify ways to increase safety and reduce collisions for fleet owners and their employees.’ According to the National Safety Council, in 2017 there were over 40,000 people killed on U.S. roads.
Munich Reinsurance America’s LossDetect portal analyses unstructured auto claims data to determine causes of loss and matches that with one or several of the Smart Mobility Program tailored solution(s) to assist in helping to reduce auto collisions.
The Smart Mobility Program is available to insurance company and broker clients, public entities, and small to mid-size companies with commercial fleets. The LossDetect portal can be accessed by all commercial fleet owners as well as Munich Re America customers.