Customer Story
Driver profiling and risk assessment for a leading auto-insurance provider
To keep up with the new digital consumer and remain competitive, the auto insurance industry is increasingly investing in connected car solutions to offer simplified, transparent, and flexible products and pricing options.
A leading auto insurance provider chose Gathr to ingest, transform, enrich, analyze and store automotive telematics data in real-time to build an end-to-end analytics application for driver profiling and individual risk assessment, and subsequently offer dynamic, usage based, plans to its customers.
Solution
The auto insurance company was using a telematics device to capture and transmit vehicle performance, usage, and driver behavior data from various sensors in the car.
Gathr enabled real-time ingestion of this sensor data using an AWS (Amazon Web Services) IoT gateway. Some solution highlights:
- Enabled capturing of data points such as:
- Driver behaviour: Rapid acceleration, hard braking, hard cornering, and air bag deployment
- Vehicle sensor data: Oil temperature, engine performance, brake wear, and tyre pressure
- Usage data: Mileage, location, and historic riskiness of the routes used
- Data processing: In-memory data transformation, data blending and data enrichment is performed as driver behavior, usage, and vehicle data arrives
- Automated risk analysis through machine learning to assess and predict individual risk scores
- Smart alerting to flag risks based on altered behavior patterns as well as anomalies in vehicle performance
Results
The end-to-end, real-time analytics application for driver profiling and risk assessment enabled the auto insurer to offer data-driven, and highly personalized, insurance policies, and pricing plans based on:
- Individual scores: Lower insurance premiums for safe or infrequent drivers
- Vehicle type and make: Data shows that people with a lower risk profile inherently choose certain types of cars
- Geography: Certain geographies have more favorable weather and better driving conditions, leading to lower risk and lower premiums
Additionally, the insurance giant now also offers predictive maintenance services that prevent vehicle breakdowns and repairs.
Meet Gathr.
The only all-in-one data pipeline platform
- One platform to do it all - ETL, ELT, ingestion, CDC, ML
- Self Service, zero-code, drag and drop interface
- Built-in DataOps, MLOps, and DevOps tools
- Cloud-agnostic and interoperable
Data
Ingestion-
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Capture -
ETL/ELT Data
Integration -
Streaming
Analytics -
Data
Preparation -
Machine
Learning
Expert Opinion
Gathr is an end-to-end, unified data platform that handles ingestion, integration/ETL (extract, transform, load), streaming analytics, and machine learning. It offers strengths in usability, data connectors, tools, and extensibilty.
Customer Speak
Gathr helped us build “in-the-moment” actionable insights from massive volumes of complex operational data to effectively solve multiple use cases and improve the customer experience.
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