Insurtechs Here Technologies, CarVi partner

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Here Technologies and CarVi have joined up to offer a combined telematics product for insurers.

The goal is to use Here’s real-world location intelligence to augment CarVi’s drivers behavior platform. Using CarVi’s dash-cam computer vision technology, the app program captures telematic data, speed limits and traffic flow in real time then analyzes the drivers behavior.

“Understanding the car and driver in the context of real-world situations will transform road safety, which is core to our mission of ‘zero road accidents’ says Kevin Eunsu Lee, CEO and founder at CarVi. “From that perspective, this partnership with Here Technologies will be instrumental in helping us to sharpen our data analysis with contextually relevant insights. We are very excited about this relationship and look forward to the innovation we can deliver to the market together.”

The platform will be made available for insurers, fleet owners (including ride-sharing companies) and auto manufacturers, who can add the tech directly into cars.

“Driver safety is a key application of HERE location intelligence, and we are thrilled to partner with CarVi to take it to the next level through their AI-powered driver assistance solution. HERE is committed to delivering accurate, fresh, and global coverage of our location data to continue to help keep roadways and drivers safe,’” says Jason Bettinger, Senior Director, and Head of Consumer Tech at Here.

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Telematics Insurtech