The term “autopilot” could best describe everyday drivers thanks to technology. Safer roads tend to be a blip on the radar for many of us as we field phone calls, check Google maps, and stream audio.
But in a cold reality, more than 1.25 million people die each year in traffic crashes, according to the World Health Organization. And between 20 and 50 million more suffer non-fatal injuries as a result of car accidents.
Zendrive was started by Jonathan Matus and Pankaj Risbood (previously of Google and Facebook) to change that outcome for a safer future in driving. By using smartphone sensors to measure and analyze data, their product suite is able to vastly improve driver behavior. And that creates safer roads for everyone.
RewardExpert talked with Noah Budnick, Director of Public Policy and Government Affairs for Zendrive. He was able to highlight how the innovative company is revolutionizing transportation by saving lives and money.
Every Mile Counts
“This spring, we surpassed 100 billion miles of data measured and analyzed,” described Budnick. “No other insurance, insurtech or automotive analytics company has looked at this much data. We did it in less than two years. All this information gives Zendrive the ability to analyze and predict risk more accurately than ever before.”
The company’s degree of data capture is continuously growing at over 10 billion miles a month. And that positions them to track and score driver behavior patterns, from collisions to being aggressive and distracted behind the wheel. Upon analysis of said figures, Zendrive can then correctly rate and coach drivers on their conduct for improved behavior. And that’s something we all need every once and awhile.
Budnick expounded on their groundbreaking mobile technology saying that Zendrive “can measure speeding, aggressive acceleration, hard braking, driver phone use and collisions in real-time. With the increase in driver phone use, having new ways to measure and analyze it are key to stopping it.”
And their stopping power of hazardous actions is clear and present. A 59 percent reduction in driver phone use and a 21 percent reduction in speeding proves it.
Safer Roads Save Money, Save Lives
Zendrive’s motto is to save money and save lives, be it for individual car owners or commercial and on-demand fleets. Using mobile smartphone-based technology rather than traditional hardware systems, they can more precisely assess and predict risk. And that lowers insurance costs to save drivers money and help health insurance companies with their bottom line.
Specifically, powering Zendrive’s smart brokerage services and working with their list of safety-minded insurance partners, big city transportation fleets with over 10,000 drivers have accrued up to 25 percent on their insurance savings and reduced damage claims and tickets upwards of 50 percent.
On a more futuristic note, the dawn of autonomous vehicles (i.e., driverless cars) is upon us all. And Zendrive is on the forefront of determining what that means for the overall liability aspects of “autopiloted” insurance. Their dataset and astute A.I. classifies a total of six driver personas, a process whereby they can directly correlate these individual tendencies with insurance companies. Hence, that lets them fully comprehend the risks of humans to AV’s, and their perils to us.
Furthermore, they offer unmatched services with a free 30-day trial and no long-term contract or upfront fees. For their enterprise option, a nominal $4 per driver is charged monthly. And there is an annual billing subscription option to save more money.