Fusable, a pioneer in data-driven solutions, analytics, and insights to the commercial transportation, agriculture, and construction industries, and TruckerCloud, a leading telematics data platform for commercial auto insurers, have joined forces to redefine risk assessment in the trucking industry. This partnership will embed TruckerCloud’s telematics insights onto Fusable’s Central Analysis Bureau platform, the market standard for risk underwriting in commercial trucking. The combined capabilities will deliver the most comprehensive, granular, and seamlessly integrated underwriting solution for commercial auto and trucking insurers.
Revolutionizing Risk Assessment in the Trucking Industry
TruckerCloud's extensive telematics data alongside CAB's advanced analytics platform marks a significant leap forward in risk assessment capabilities. This collaboration will enable CAB's clients to access a more comprehensive view of fleet operations, driving patterns, and potential risk factors.
"By incorporating TruckerCloud's rich data set onto our platform, we're empowering our clients with greater coverage and deeper insights on one single point of integration," said Gavin McPhail, EVP and GM of Fusable’s Risk Intelligence Division. "This integration allows us to offer more comprehensive and context-specific risk visibility, which is crucial for insurance providers in today's increasingly volatile transportation landscape."
TruckerCloud CEO, Spencer Mitchell, shares in the excitement stating, “Our collaboration with Fusable allows insurers to tap into our telematics data in ways that enhance both safety and operational efficiency across the industry. By integrating our insights into CAB’s trusted platform, we’re not just providing deeper visibility for underwriting, but also helping insurers proactively manage risk, leading to safer roads and smarter decision-making for all stakeholders.”
Key Benefits of the Partnership
Seamless Integration of Key Underwriting Insights: A single point of access to comprehensive, granular visibility into vehicle operations and context-specific risk insights.
Market Leading Breadth of Coverage: Highest ‘hit rates’ on all power units under a given motor carrier.
Enhanced Pre-emptive Loss Control: Late breaking alerts and inforce monitoring of vehicle operations and safety performance outside risk appetite.
FTR’s Shippers Conditions Index improved in September to 4.6 from the 2.9 reading in August due to lower fuel costs, looser capacity and lower freight rates.
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