The Next Game Changer: Predictive Analytics
|
|
- Joleen Marshall
- 6 years ago
- Views:
Transcription
1 Session No. 596 The Next Game Changer: Predictive Analytics Del Lisk, CTP Vice President, Safety Services Lytx. Inc. Introduction Traffic accidents and the tragic consequences impact everyone in the United States. Most people have had someone close to them killed or injured due to traffic a traffic accident at some point in their lifetime. As reported by the National Highway Traffic Safety Administration (NHTSA) in 2013 alone 32, 719 people perished in motor vehicle incidents in the U.S. Another 2.3 million people were injured. Total reported crashes were more than 5.6 million. These statistics shockingly demonstrate how dangerous driving can be. On a brighter note, both fatalities and injuries have dropped significantly over the years when normalized to miles driven. However, this positive trend has stalled in the past few years as results have flat lined as the following chart from NHTSA demonstrates.
2 Business Fleets Business fleets have a strong motivation to reduce traffic accidents. By reducing traffic accidents they are improving the safety and well-being of their employees as well as the motoring public in general. But reducing traffic collisions can also lower overall costs to operate the fleet. In fact, avoiding just one serious crash could save an organization millions in potential litigation costs. As reported by the National Safety Council in Estimating the Costs of Unintentional Injuries in 2012, the average cost of a death from a motor vehicle crash is more than $1.4 million dollars. Fleet managers undertake several efforts in an effort to improve employee driving behavior and lower crash frequency. Common efforts include: Pre-employment screening efforts such as motor vehicle records and other background checks as well as personality tests. Defensive driver training courses. Monitoring programs such as 800 How s My Driving? Periodic check rides or covert driving observations. More and more fleets have begun to adopt technologies to further their driver safety efforts. Technologies such as telematics, forward collision warning systems and lane departure warning systems are examples of this. Increasingly, fleets are also using video based feedback systems to enhance driver improvement and coaching efforts. The Federal Government The federal government is playing a more active role in the safety of fleets. The Federal Motor Carriers Safety Administration (FMCSA) developed the Compliance, Safety and Accountability (CSA) Program to improve large truck and bus safety and ultimately reduce crashes, injuries and fatalities that are related to commercial motor vehicles. Its goal is to not only provide a scorecard as to where each fleet ranks on safety but also to include a predictive element so fleets know where they stand as it relates to the probability of a collision. The program relies heavily on data from roadside inspections as well as DOT recordable incidents to populate its database. One of the key elements holding fleets and drivers accountable to the goals of CSA is law enforcement. But, with more than two million trucks and only 15, 000 inspectors on the road, it s impossible for this small army of inspectors to find everyone who is not meeting standards. According to the Centers for Disease Control, fatal vehicle collisions are one of the leading causes of death in the United States today with one person dying in a collision every 15 minutes. Over 90 percent of these collisions involve human error as determined in the Indiana Tri-Level Study. This is exactly why it s important that fleets leverage technologies that go beyond the law s reach. These technologies not only help to isolate drivers with dangerous habits so they can be coached for improvement but they also collect volumes of data that can be used to help predict who and what are the biggest risks on the road. This is information that fleet managers can use to intercede before dangerous patterns lead to tragedies.
3 Making Data Sense Of course, technology alone won t make our roads safer. It s the analysis of the data that the technology provides that will help fleets understand what s going on behind the wheel. Predictive analytics helps make sense of the volumes of data that fleet managers are receiving. Predictive analytics encompass a variety of techniques: statistics, modeling, machine learning and data mining. By analyzing current and historical facts, one can make predictions about future probable events. In business, predictive models identify patterns found in historical, transactional and predictive data to identify risks and opportunities. Predictive models seek to explain the relationships between a critical variable and a group of factors that help predict its outcome. There are certain situations where predictive models can be especially beneficial in delivering valuable insights: Processes that require a large number of similar decisions Situations with high consequences (e.g., lives, injuries or high dollars at stake) Enormous amounts of data that must be analyzed Areas where it s possible to insert a model calculation into the actual process, either to automate decisions or to support human decision-makers The growth of in-cab and mobile technologies means more objective data and an improved ability to develop predictive models to assess driving risk. In cab video with millions of behavioral observations meets all of the conditions above, and makes it an ideal platform to develop predictive models. In conjunction with video and observational analysis, it s possible to deliver very accurate predictive models to determine how drivers drive and the risk that is associated with their driving patterns. The Power of Video Using predictive analytics, it s now possible to predict who is more likely to be involved in a future collision. Based on our analysis, when looking at the same drivers and time periods, telematics-only solutions are somewhat limited as contextual data is lacking. Traditional telematics can isolate behavior such as hard braking, sudden swerves or aggressive driving to then provide a predictive model. But it has limitations as contextual information such as driver attentiveness, traffic density and weather are not available. The inclusion of in-cab video and subsequent analysis provides a much greater insight and thus a more accurate predictive model. Imagine two drivers, each with four hard braking events. Looking at the telematics only data these two drivers would appear to have equal risk if their drive time or miles driven was similar. Now imagine if we also had in-cab video associated with each hard braking event. In Driver #1 we see the following: All four events were in very light traffic Two events were rough stops due to being caught off guard by a changing traffic light
4 One was due to a hard brake to avoid a rabbit running across the road One event was a harsh brake when a merging vehicle unexpectedly cut across multiple lanes. Here s what we see when looking at the video associated with Driver #2: The events were all in moderate to heavy traffic Two were due to hard braking when Driver #2 was distracted by a cell phone and had to brake hard for slowing traffic ahead The other two hard braking events were triggered when Driver #2 was contesting another vehicle for lane position during a merge. Adding the context provided by the video analysis gives a much more accurate set of data to determine which driver has a greater probability of a traffic collision. Expanding the data by combining video with other data can significantly increase the predictive power of a black box telematics solution. In-cab video enables more accurate predictive analytics by providing the context to events. The Value of Predictive Analytics Most fleet operators are drowning in a sea of data. Information that may be available includes RPM data, over speed, excessive idling, hard braking events, headway warning, lane departures, hours of service and much more. With all this data it can be difficult to see the forest through the trees. That s the role of predictive analytics as it relates to managing fleet safety. The relevant data is collected and analyzed and presented in an easily understood form so managers can easily digest the data and see where best to put their focus.
5 Predictive analytics helps managers to identify where to focus driver safety efforts. Summary Fleet managers have been dependent upon lagging indicators for far too long in their efforts to improve driver safety. The advancements of predictive analytics through the addition of the contextual data captured through in-cab video are the next leg up in enhancing fleet safety. Safety professionals can have at their fingertips valuable, accurate information that will guide them to making more informed decisions about who requires training or other interventions and when it needs to occur. The result will be more effective and efficient safety programs that will enhance the safety of their employees.
How Does Your Company Handle Distracted Driving
How Does Your Company Handle Distracted Driving? Rick Cates, CDS, CDT, Vice President Workforce Strategies, Marsh Fleet Safety How Does Your Company Handle Distracted Driving Rick G. Cates CDS, CDT Vice
More informationDangerous or aggressive driving
Dangerous or aggressive driving How it will affect you and the society? Prepared By (Name of the student) Enrol Number: ( ) Date: ( ) (Name of the school) Aggressive driving can be extremely dangerous.
More informationCHANGING TRENDS IN AUTO INSURANCE. James Lynch, Chief Actuary Insurance Information Institute
CHANGING TRENDS IN AUTO INSURANCE James Lynch, Chief Actuary Insurance Information Institute WHO IS THE I.I.I.? Improving public understanding of insurance... what it does and how it works INSURANCE: BY
More informationOccupational Driving Safety Programs: The Missing Link in Most Safety and Health Management Systems
Occupational Driving Safety Programs: The Missing Link in Most Safety and Health Management Systems Karen Puckett Director, Workplace Safety Texas Department of Insurance, Division of Workers Compensation
More informationDon t Let Your Fleet Fleece You! The elements of an effective fleet program
Don t Let Your Fleet Fleece You! The elements of an effective fleet program Who is on the Panel? Steve Heckle Director, Risk Management LKQ Corporation James O Dell, CPCU Senior Vice President Willis Why
More informationRoad Accident Database
Database Road Accident Database i n t o p o a o j p A a w d j h p o ps R w d t u e p o o 0 1 What is Data? Data is a set of values of qualitative or quantitative variables that can be measured, collected
More informationMotor Vehicle Record (MVR) Policies
REDUCE RISK. PREVENT LOSS. SAVE LIVES. A KEY COMPONENT OF THE DRIVER SCREENING PROCESS Introduction Vehicle operations create substantial risk to any organization. A best practice for reducing vehicle
More informationDEPARTMENT OF MOTOR VEHICLE (DMV) AUTHORIZATION FORM
To the University of the Pacific: DEPARTMENT OF MOTOR VEHICLE (DMV) AUTHORIZATION FORM It is understood that my job position requires me to drive on University business. I understand that the insurance
More informationThree factors that cause accidents
Search Search Three factors that cause accidents Because most traffic accidents are the product of several factors, the probability of accidents can be not be liable to cause accidents. and road safety.
More informationWhat Dangerous Driving Behavior Looks Like (Before an accident, when there is still time to prevent loss of life & property)
What Dangerous Driving Behavior Looks Like (Before an accident, when there is still time to prevent loss of life & property) Dangerous Driving Behaviors include: High Speed Turns Hard Braking & Tailgating
More informationTHE CHALLENGE OF INSURING VEHICLES WITH AUTONOMOUS FUNCTIONS INSURERS ARE STRUGGLING WITH PRICING AND COVERAGE AS SELF-DRIVING FEATURES COME ONLINE
THE CHALLENGE OF INSURING VEHICLES WITH AUTONOMOUS FUNCTIONS INSURERS ARE STRUGGLING WITH PRICING AND COVERAGE AS SELF-DRIVING FEATURES COME ONLINE Fady Khayatt Marc Boilard Rouget Pletziger 1 Autonomous
More informationThe Future in Transportation: Autonomous Vehicles
The Future in Transportation: Autonomous Vehicles They ll Change Insurance - Slowly Nevada Driving Summit May 25, 2016 James P. Lynch, FCAS MAAA, chief actuary Insurance Information Institute 110 William
More informationAutonomous Vehicle Risk
Autonomous Vehicle Risk Out with the old, in with the new July 2017 Risk. Reinsurance. Human Resources. Introduction Michael Stankard Automotive Industry Practice Leader Aon Risk Services I challenge you
More informationDriver Performance Solutions from CNA RISK CONTROL
Driver Performance Solutions from CNA RISK CONTROL Manage your commercial auto risk by driving the desired behaviors Driver behavior affects your commercial auto fleet s performance and your bottom line
More informationNEW YORK STATE BAR ASSOCIATION. LEGALEase. If You Have An Auto Accident
NEW YORK STATE BAR ASSOCIATION LEGALEase If You Have An Auto Accident If You Have An Auto Accident What should you do if you re involved in an automobile accident in New York? STOP! By law, you are required
More informationTelematics Impacts on CTP and WC Kaise Stephan Deloitte Actuaries & Consultants Limited
Telematics Impacts on CTP and WC Kaise Stephan Deloitte Actuaries & Consultants Limited This presentation has been prepared for the Actuaries Institute 2013 Injury Schemes Seminar. The Institute Council
More informationFirst Driving Behavior-Based Telematics Automobile Insurance Developed for Toyota Connected Cars in Japan
November 8, 2017 Name of Listed Company: Name of Representative: Contact: MS&AD Insurance Group Holdings, Inc. Yasuyoshi Karasawa, President & CEO (Securities Code: 8725, Tokyo Stock Exchange and Nagoya
More informationReporting of Injuries Diseases and Dangerous Occurrences at Work
Reporting of Injuries Diseases and Dangerous Occurrences at Work Guidance for University Departments and Functions May 2012 Safety Services Office 1. INTRODUCTION 1.1 This publication gives guidance on
More informationCITY OF ELK GROVE CITY COUNCIL STAFF REPORT
CITY OF ELK GROVE CITY COUNCIL STAFF REPORT AGENDA ITEM NO. 8.11 AGENDA TITLE: Adopt resolution authorizing the City Manager to accept an appropriation from the California Office of Traffic Safety via
More informationManaging work-related road risks
Managing work-related road risks A strategic must-have Zurich Risk Engineering Whether your focus is to protect your people, your assets or your bottom line managing fleet risk is a strategic imperative.
More informationInsurance Position Paper UBI
UBI The Promise of Usage-Based Insurance The promise of usage-based insurance The competitive landscape of the auto insurance industry is changing rapidly. Systems and staff costs are increasing, fraudulent
More informationalcohol and restraint use. Publication DOT HS (2003).
ANSI Z15.1 Standard: A Tool for Preventing Motor Vehicle Injuries and Minimizing Legal Liability By Adele L. Abrams, Esq., CMSP Law Office of Adele L. Abrams P.C. Motor vehicle crashes that occur on American
More informationFuture Fit Risk Engineering 2017 Global Risk Engineering Conference
Future Fit Risk Engineering 2017 Global Risk Engineering Conference Autonomous vehicles What are the main underlying root causes of crashes? The main causes of crashes Speed Fatigue Impairment Distraction
More informationWORKFORCE MOBILITY BENCHMARK REPORT: VEHICLE EDITION
WORKFORCE MOBILITY BENCHMARK REPORT: VEHICLE EDITION 2017 CONTENTS INTRODUCTION 2 KEY FINDINGS 3 MARKET CHALLENGES 4 METHODOLOGY 6 Respondents by Industry 7 Respondents by Annual Revenue 7 Respondents
More informationCollision Reporting, Investigation, and Analysis
In this procedure, a collision is defined as any occurrence involving a motor vehicle driven by an employee on company business which results in death, injury, or property damage, unless the vehicle is
More informationInsurance Telematics
ISSN 2278 0211 (Online) Insurance Telematics Dr. Meena Goyal Professor, Indira School of Business Studies, Tathavade, New Mumbai Pune Highway, India Abstract: Telematics is one of the upcoming tools to
More informationDRIVER POLICY TO REPLACE DRIVER SELECTION AND TRAINING POLICY
DRIVER POLICY TO REPLACE DRIVER SELECTION AND TRAINING POLICY General Statement of Policy The operation of vehicles is indispensable in conducting County business. The manner in which each vehicle is used
More informationFinal report May 13, Ontario Ministry of Transportation CVOR effectiveness study
Final report May 13, 2013 Ontario Ministry of Transportation CVOR effectiveness study Table of contents 1 Executive summary... 1 2 CVOR Program background... 4 3 CVOR Effectiveness Study Approach... 6
More informationDRAFT An Act Providing for the Detection and Prevention of Fraud, Waste, Abuse and Improper Payments in State Government
!" #" $" %" &" '" (" )" *"!+"!!"!#"!$"!%"!&"!'"!("!)"!*" #+" #!" ##" #$" #%" #&" #'" #(" #)" #*" $+" $!" $#" $$" $%" $&" $'" $(" $)" $*" %+" %!" %#" %$" %%" %&" %'" DRAFT An Act Providing for the Detection
More informationImportance of Safety-Focused Highway Crash Investigations
Importance of Safety-Focused Highway Crash Investigations Don Karol Office of Highway Safety 1 Personal Journey Learning from Tragedy 1 Learning from Tragedy Mission: Prevention of Future Crashes The NTSB
More informationA Projection of United States Traffic Fatality Counts in April Charles M. Farmer Insurance Institute for Highway Safety
A Projection of United States Traffic Fatality Counts in 2024 April 2017 Charles M. Farmer Insurance Institute for Highway Safety ABSTRACT Objectives: The objective of this study was to determine the extent
More informationVehicle Safety and Your Bottom Line. The green industry represents an estimated. By Paul Farrell
Vehicle Safety and Your Bottom Line By Paul Farrell The green industry represents an estimated 80,000 companies within the United States. While this estimate includes landscapers, arborists and support
More informationReporting of Injuries Diseases and Dangerous Occurrences at Work
Reporting of Injuries Diseases and Dangerous Occurrences at Work Guidance for University Departments and Functions November 1996 Safety Services Office 1. INTRODUCTION 1.1 This publication gives guidance
More informationTHE TRUE VALUE OF AUTONOMOUS DRIVING
6 THE TRUE VALUE OF AUTONOMOUS DRIVING Recent innovations will make autonomous driving a reality in the foreseeable future. This disruptive technology will make fascinating new mobility features possible,
More informationAPPLICATION OF FORMAL SAFETY ASSESSMENT IN THE LEGAL ACTIVITY OF INTERNATIONAL MARITIME
Journal of KONES Powertrain and Transport, Vol. 21, No. 4 2014 ISSN: 1231-4005 e-issn: 2354-0133 ICID: 1130510 DOI: 10.5604/12314005.1130510 APPLICATION OF FORMAL SAFETY ASSESSMENT IN THE LEGAL ACTIVITY
More informationINCIDENT WITNESS STATEMENT Department of Environmental Health & Safety
STATE OF GEORGIA Liability Incident Report Form If property of others is damaged (or alleged) as a result of the State s operations, whether negligent or not, report the claim directly to Risk Management
More informationDriver Performance Solutions from CNA RISK CONTROL
Driver Performance Solutions from CNA RISK CONTROL Manage your commercial auto risk by driving the desired behaviors Driver behavior affects your commercial auto fleet s performance and your bottom line
More information2/28/2017. The evolution of home and auto insurance. Agenda. Home & Auto Insurance Evolution Timeline. 1. Home & Auto Insurance Evolution Timeline
The evolution of home and auto insurance Sheri Scott, FCAS, MAAA March 2016 Agenda 1. Home & Auto Insurance Evolution Timeline 2. Millennial Needs Driving Use of Technology and Shared Economy 3. Vehicle
More informationCanal Insurance. Risk Management Services
Canal Insurance Risk Management Services Risk Management Services On site meetings with insureds to assess overall operation in relation to Safety, Compliance & Training. Provide Loss Prevention Services
More informationDiscover the NBIS Difference.
Discounts Enclosed! Up to 50% Off Deductible and more... details inside. Discover the NBIS Difference. Quick Resource Guide Delivering Premier Insurance and Risk Management NBIS delivers premier Construction
More informationFebruary 25, Dear Sir or Madam:
February 25, 2015 Docket Management Facility U.S. Department of Transportation 1200 New Jersey Avenue, SE West Building, Ground Floor Room W12-140 Washington, D.C. 20590-0001 Attention: Written Comments
More informationDate of loss: Time of loss: am/pm Loss Location:
AUTO NOTICE OF LOSS FORM Important: Insurable Auto losses must be reported on this form immediately. Please EMAIL completed form to: riskmanagement@kennesaw.edu AND bhunterb@kennesaw.edu Please provide
More informationManaging Cost of Risk
Managing Cost of Risk Presented by: Vikas Shah of DMC Insurance 10/23/2017 1 DISCLAIMER: The views expressed in this presentation are those of the presenter and do not necessarily reflect the views of
More informationFleet Manager s Guide - Accident Information Management
Fleet Manager s Guide - Accident Information Management Introduction The various parts of a Fleet Loss Control Program such as driver selection, preventive maintenance, and driver training are designed
More informationFacts for Consumers. {Point & Insurance Reduction Program} QUESTIONS AND ANSWERS ABOUT... The Course
Page 1 of 5 Facts for Consumers {Point & Insurance Reduction Program} The Point & Insurance Reduction Program (PIRP), approved by the Department of Motor Vehicles, is available through private companies
More informationHIGH COURT OF SOUTH AFRICA GAUTENG DIVISION, PRETORIA IN THE MATTER BETWEEN HARTLEY SIDNEY JOHN V THE ROAD ACCIDENT FUND
SAFLII Note: Certain personal/private details of parties or witnesses have been redacted from this document in compliance with the law and SAFLII Policy HIGH COURT OF SOUTH AFRICA GAUTENG DIVISION, PRETORIA
More informationTelematics: connecting the dots. Swiss Re telematics solutions for better risks and fairer premiums
Telematics: connecting the dots Swiss Re telematics solutions for better risks and fairer premiums Contents Introduction 5 Telematics: A first step for insurers to get prepared for autonomous vehicles
More informationQuick Reference Guide. Employer Health and Safety Planning Tool Kit
Operating a WorkSafeBC Vehicle Quick Reference Guide Employer Health and Safety Planning Tool Kit Effective date: June 08 Table of Contents Employer Health and Safety Planning Tool Kit...5 Introduction...5
More informationTOP 7 QUESTIONS PEOPLE ASK WHEN INVOLVED IN A TRUCK ACCIDENT
TOP 7 QUESTIONS PEOPLE ASK WHEN INVOLVED IN A TRUCK ACCIDENT (888) 839-5444 18wheeler-accident-lawyers.com Houston Office: 2700 Post Oak Blvd. Ste 1120 Houston, Texas 77056 TOP 7 QUESTIONS PEOPLE ASK WHEN
More informationMalcolm Futers Road Risk Advisor. On the road managing road risk
Malcolm Futers Road Risk Advisor On the road managing road risk Zero Harm make safety personal Zero Harm is our focus on managing our business safely at every moment We make our commitment to Zero Harm
More informationDRIVER SAFETY PROGRAM
South Central Louisiana Technical College YOUNG MEMORIAL CAMPUS 900 Youngs Road Morgan City, LA 70380 DRIVER SAFETY PROGRAM Contents Contents... 2 Management Policy Statement... 3 Conduct... 4 Administrative
More informationTelematics: connecting the dots
Telematics: connecting the dots KBW European Financials Conference, London, 16 May 2017 Automotive Solutions, Swiss Re Eric Schuh, Global Head P&C Solutions 1 Motor landscape is changing: we see four trends
More informationBy Walt Malo. Loss Control Best Practices Chapter Five The Fundamentals of Fleet Safety
Loss Control Best Practices Chapter Five The Fundamentals of Fleet Safety By Walt Malo Produced by the Florida Partnership for Safety and Health P.O. Box 46182 Tampa, FL 33647 With a grant from the Public
More informationPreventing Road Accidents and Injuries for the Safety of Employees
PRAISE Preventing Road Accidents and Injuries for the Safety of Employees Case Study: BT ETSC s PRAISE project addresses the safety aspects of driving at work and driving to work. Its aim is to promote
More informationI-81 Corridor Improvement Plan. October 2018 Public Meetings
I-81 Corridor Improvement Plan October 2018 Public Meetings I-81 Corridor Improvement Plan Overview of I-81 Corridor Improvement Plan purpose Summary of public feedback Prioritization of potential improvements
More informationThis presentation has been prepared for the 2016 General Insurance Seminar. The Institute Council wishes it to be understood that opinions put
How Digital Disruption will Reshape the Motor Insurance Industry Graeme Adams, Jessie Wang, Kai Wu and Calise Liu 1 Motor industry 2 Motor insurance needs of tomorrow 3 Future insurance business models
More informationThe Art of Conversation. kpmg.com/uk/insurance
The Art of Conversation kpmg.com/uk/insurance 2015 KPMG LLP, a UK limited liability partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative
More informationDeveloping a Comprehensive Safe-Driving Program for Teens
Cognizant 20-20 Insights Developing a Comprehensive Safe-Driving Program for Teens To create a win-win-win proposition for insurers, teens and their parents, the industry needs a technology-driven, safety-focused
More informationWORKPLACE SAFETY AND INSURANCE APPEALS TRIBUNAL DECISION NO. 657/15
WORKPLACE SAFETY AND INSURANCE APPEALS TRIBUNAL DECISION NO. 657/15 BEFORE: R. Nairn: Vice-Chair HEARING: April 29, 2016 at Toronto Oral DATE OF DECISION: August 10, 2016 NEUTRAL CITATION: 2016 ONWSIAT
More information*UPDATED FALL 2017** General Application of Travel Rule
*UPDATED FALL 2017** General Application of Travel Rule In compliance with state law and System Policy 13.04, Student Travel, the following provisions apply to any student who travels more than 25 miles
More informationAI Strategies in Insurance
AI TRANSFORMATION AI Strategies in Insurance Executive Brief Executive Summary The insurance industry is evolving rapidly with large volumes of data and increasing challenges from new technologies. Early
More informationTHE IMPACT OF CSA ON YOUR INSURANCE PROGRAM
THE IMPACT OF CSA ON YOUR INSURANCE PROGRAM CSA Current State of Industry The Financial Impact of CSA DISCUSSION TOPICS 1. THE INSURANCE MARKETPLACE [Current State] MARKET TRENDS 1. Good Carrier with
More informationRising Auto Costs. Casualty Actuarial Society Annual Meeting November 7, 2017
Rising Auto Costs Casualty Actuarial Society Annual Meeting November 7, 2017 James Lynch, FCAS MAAA, Chief Actuary Insurance Information Institute 110 William Street New York, NY 10038 Tel: 212.346.5533
More informationReal-time Driver Profiling & Risk Assessment for Usage-based Insurance with StreamAnalytix
Real-time Driver Profiling & Risk Assessment for Usage-based Insurance with StreamAnalytix The auto insurance industry is rising up to meet consumer expectations of personalization and flexibility in all
More informationIN THE MATTER OF THE INSURANCE ACT, R.S.O. 1990, c. I. 8, s. 275 and s. 9 of Ontario REGULATION 664;
IN THE MATTER OF THE INSURANCE ACT, R.S.O. 1990, c. I. 8, s. 275 and s. 9 of Ontario REGULATION 664; AND IN THE MATTER OF THE ARBITRATION ACT, S.O. 1991, c. 17, as amended; AND IN THE MATTER of an Arbitration
More informationIN THE MATTER OF THE INSURANCE ACT, R.S.O. 1990, c. I. 8, s. 275 and s. 9 of Ontario REGULATION 664;
IN THE MATTER OF THE INSURANCE ACT, R.S.O. 1990, c. I. 8, s. 275 and s. 9 of Ontario REGULATION 664; AND IN THE MATTER OF THE ARBITRATION ACT, S.O. 1991, c. 17; as amended; AND IN THE MATTER OF AN ARBITRATION
More informationVehicle Accident Prevention and Safety
Vehicle Accident Prevention and Safety Policy Type: Administrative Responsible Office: Office of Insurance and Risk Management, Safety and Risk Management, Division of Administration Initial Policy Approved:
More informationAutonomous Vehicles implications for insurance
Autonomous Vehicles implications for insurance Scott Reeves, Munich Re Image from Google images Agenda 1. What we know so far 2. What s over the horizon? 3. Near-term implications for the insurance industry?
More informationConstruction OS&H Processes and systems
Construction OS&H Processes and systems Summary Brief review of systems theory and practice: Systems theory at a glance ILO-OSH 2001: Guidelines on occupational safety & health management systems Hazards
More informationReport on Performance
The goal of these and many other ongoing efforts is to make insurance more affordable for British Columbians, by addressing rising claims costs and improving rate fairness. Report on Performance As a Crown
More informationWhite Paper SAVING MILLIONS BY PREVENTING ACCIDENTS AND REDUCING NET REPAIR EXPENSES
White Paper SAVING MILLIONS BY PREVENTING ACCIDENTS AND REDUCING NET REPAIR EXPENSES For years, under pressure from senior management, the fleet world has been scrambling to cut expenses. To their credit,
More informationKey Performance Indicators
Representatives from R.E. Garrison Trucking, Don Hummer Trucking, & P&S Transportation Offer KPI Strategies Key Performance Indicators in Action KPIs (Key Performance Indicators) are metrics that can help
More informationBenefits of Automated Driving Systems : Traffic Accident Reduction
Day 2 Socio-economic impact of CAD Benefits of Automated Driving Systems : Traffic Accident Reduction Hiroaki Miyoshi Professor Doshisha University hmiyoshi@mail.doshisha.ac.jp Subject of Research Technologies:
More information10-Year Capital Highway Investment Plan DRAFT
This document is made available electronically by the Minnesota Legislative Reference Library as part of an ongoing digital archiving project. http://www.leg.state.mn.us/lrl/lrl.asp 10-Year Capital Highway
More informationIncome Protection. Safe Driver. Pillar Series
Income Protection Safe Driver Pillar Series Safe Driver Protect your income and your family in the event of a motor vehicle accident How will you pay your bills if you are injured and unable to work due
More informationHow Can Near Misses be Used to Improve Your Safety Program? We Work Safely
How Can Near Misses be Used to Improve Your Safety Program? Matt Shurtliff, CSP Director of Safety and Environmental Issues J.D. Heiskell & Co. 1 Before We Start If you re unsure of a safe way to do a
More informationTHE FLORIDA SENATE SPECIAL MASTER ON CLAIM BILLS
THE FLORIDA SENATE SPECIAL MASTER ON CLAIM BILLS Location 408 The Capitol Mailing Address 404 South Monroe Street Tallahassee, Florida 32399-1100 (850) 487-5237 SPECIAL MASTER S FINAL REPORT DATE COMM
More informationSafe Driving at Work Procedure
NHS Blackburn with Darwen Clinical Commissioning Group NHS East Lancashire Clinical Commissioning Group Safe Driving at Work Procedure Ref: ELCCG_HS05 Version: Version 3 Supersedes: Version 2 Author (inc
More informationUnderstanding Your Safety Responsibilities
Understanding Your Safety Responsibilities Cameron Dean Partner McCullough Robertson Lawyers Background The enforcement of safety and health obligations in the Queensland mining industry by way of prosecutions
More informationDriving for Work. HSA Perspective. Deirdre Sinnott Senior Inspector Work Related Vehicle Safety Program
Driving for Work HSA Perspective Deirdre Sinnott Senior Inspector Work Related Vehicle Safety Program Safety is a mind set Change a cluster of unsafe behaviours Oblivious Alert Aware Engaged around Driving
More informationHow Did an Air Bag Get into My Steering Wheel? A Case Study in Injury Prevention Policy. Shannon Frattaroli, PhD, MPH Johns Hopkins University
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike License. Your use of this material constitutes acceptance of that license and the conditions of use of materials on this
More informationInsurance and Location Intelligence
Insurance and Location Intelligence Are We Ready Usage Based Insurance and Telematics for Motor Insurance Rajendra Tamhane Genesys International Indian Insurance Industry - Scenario India ranked 11th among
More informationAUSTRALIAN CLAY TARGET ASSOCIATION INC.
AUSTRALIAN CLAY TARGET ASSOCIATION INC. ABN: 14 590 029 414 Registered No. A12282 PO Box 466, WAGGA WAGGA NSW 2650, Australia T: 02 6938 2121. F: 02 6931 0125 Email: info@claytarget.com.au Website: www.claytarget.com.au
More informationSTUDENT MODULE 11.1 INSURANCE AND RISK MANAGEMENT PAGE 1
STUDENT MODULE 11.1 INSURANCE AND RISK MANAGEMENT PAGE 1 Standard 11: The student will describe and explain how various types of insurance can be used to manage risk. Identifying Risk Suppose you overhear
More informationCrawford & Company (Canada) Inc. Crawford s Transportation & Cargo Service Solution
Crawford & Company (Canada) Inc. Crawford s Transportation & Cargo Service Solution About Our Solution Crawford s transportation service solution is designed to address the risks faced by the transportation,
More informationUpdate Evaluation of Transport Canada s Road Safety Transfer Payments Program (RSTPP)
Update Evaluation of Transport Canada s Road Safety Transfer Payments Program (RSTPP) FINAL REPORT Evaluation and Advisory Services Transport Canada May 2015 ii Table of Contents Table of Contents...ii
More informationINSURANCE CONCEPTS (191)
Page 1 of 6 INSURANCE CONCEPTS (191) OPEN EVENT REGIONAL 2014 DO NOT WRITE ON TEST BOOKLET TOTAL POINTS (500) Failure to adhere to any of the following rules will result in disqualification: 1. Contestant
More informationTelematics Car Insurance Terms and Conditions
Telematics Car Insurance Terms and Conditions Overview At My Policy, we focus on providing customers telematics based motor insurance products. The purpose of this document is to provide you with our telematics
More informationDriverless Cars. Where will liability for accidents lie. October Thatcham Research
1 Driverless Cars Where will liability for accidents lie Thatcham Research October 2017 Assisted to Automated Insurers using a clearer definition for drivers 2 The Autonomous Car Timeline 3 International
More informationUNIVERSITY OF HOUSTON SYSTEM ADMINISTRATIVE MEMORANDUM. SECTION: Fiscal Affairs NUMBER: 03.E.08
UNIVERSITY OF HOUSTON SYSTEM ADMINISTRATIVE MEMORANDUM SECTION: Fiscal Affairs NUMBER: 03.E.08 AREA: Physical Property SUBJECT: Student Travel 1. PURPOSE This document outlines the policy to minimize risks
More informationAPPLICATION FOR EMPLOYMENT APPLICANT PROCEDURES TO BE READ AND SIGNED BY APPLICANT
Office Use Only DAC MVR REF R/T PHY D/S/R APPLICATION FOR EMPLOYMENT 7380 IH 10 EAST SAN ANTONIO, TX 78219 OFFICE PHONE: 210-662-0019 FAX: 210-572-7908 Application will remain active for 30 days. Any inquiries
More informationADDENDUM C VEHICLE OPERATIONS POLICY
ADDENDUM C VEHICLE OPERATIONS POLICY 1 VEHICLE OPERATIONS POLICY (from the Shasta County Personnel Rules, Chapter 33) SECTION 33.1. PURPOSE. Vehicle accidents pose a significant threat to public and personal
More informationSIGN ON CHECKLIST Tryon Trucking, Inc. Box 68, Fairless Hills, PA 19030
SIGN ON CHECKLIST Tryon Trucking, Inc. Box 68, Fairless Hills, PA 19030 DRIVER: SIGN ON DATE: UNIT#: OWNER: DRIVER QUALIFICATION PAPERWORK ACKNOWLEDGEMENT FORM INSURANCE DEDUCTIBLE FOR CARGO CLAIMS & ACCIDENTS
More informationWabtec UK Company Car Policy
Wabtec UK Content Page Number 1. Introduction 2 2. Eligibility & Conditions 2 2.1 Essential User 2 2.2 Car Allowance/Company Car 2 2.3 New Starter or Promotion 2 3. Allowance/Lease Cost 2 4. Choice of
More informationSafetyAnalyst: Software Tools for Safety Management of Specific Highway Sites White Paper for Module 4 Countermeasure Evaluation August 2010
SafetyAnalyst: Software Tools for Safety Management of Specific Highway Sites White Paper for Module 4 Countermeasure Evaluation August 2010 1. INTRODUCTION This white paper documents the benefits and
More informationWork injury solutions for independent contractors
Occupational Accident Work injury solutions for independent contractors A guide to Zurich s products, services and advantages Why Zurich for Occupational Accident insurance? Trucking companies with an
More informationTrends Report. Data, Analytics and Risk R I M S
Trends Report Data, Analytics and Risk R I M S 2 0 1 9 Geocoding Synthesizing Crisis Mapping Virtual Reality Machine Analytics The risk landscape is evolving. As a risk manager, you must also evolve, staying
More informationImpact of Honda Accord collision avoidance features on claim frequency by rated driver age
Highway Loss Data Institute Bulletin Vol. 32, No. 35 : December 2015 Impact of Honda Accord collision avoidance features on claim frequency by rated driver age Summary This is the first look at the effects
More informationSmartphones & Distracted Driving: What s the Impact on Auto Insurers?
Smartphones & Distracted Driving: What s the Impact on Auto Insurers? March 28, 2017 by Julian Wellesley of Loomis, Sayles & Co. Auto insurers have been caught off-guard. Traffic deaths had been in decline
More informationCobb County Safety Review Board Policy
Cobb County Safety Review Board Policy PURPOSE The purpose of the Safety Review Boards is to be proactive in promoting safety awareness with regards to the public, County employees and County property.
More information