The transportation industry is currently facing significant challenges related to insurance costs, collisions, and nuclear verdicts, which are having a profound impact on the industry as a whole. As a result, ensuring driver safety has become more crucial than ever before for fleet operators. At Nexar, we are constantly looking
I recently had the pleasure of chatting with Michael Waitze on the Asia [https://asiainsurtechpodcast.com/] Insurtech Podcast [https://asiainsurtechpodcast.com/]about Nexar and its role in revolutionizing road safety through ground-breaking technology. The podcast episode unpacks Nexar’s goals as a leading AI vision company, and our efforts to
Using video footage captured by on-board cameras, Nexar’s technology provides drivers and insurance companies with a detailed reconstruction of the actions of all parties involved in a collision Nexar, a leading AI computer vision company, announced today the release of the first-ever collision reconstruction platform using raw camera data,
With an overwhelming escalation in insurance costs, collisions, and nuclear verdicts, MGAs are seeking smarter, more sophisticated ways to resolve claims. We at Nexar are constantly looking for new ways to provide solutions to MGAs looking to improve their loss ratio. In this tech-driven world, video telematics can be game-changing.
“Within 5 years, camera technology will be part of the commercial trucking underwriting process,” says Ricky Hale, VP of Commercial Auto Operations at Paramount General Agency. “While drivers may be reluctant to adopt interior-facing cameras, front-facing cameras provide benefits to all those involved: the insureds can better control their premiums,
Rideshare drivers don’t have to feel vulnerable every time get behind the wheel. Sandra Cohen is a rideshare driver in New York City. She often drives at night. Sometimes, she picks up passengers that are drunk, hostile, and aggressive, and she worries for her safety. Mario Sanchez is a
Nexar announces partnership with CoverWhale to enhance its innovative Driver Safety Program, further improving safety and lower insurance premiums. The trucking industry encounters an avalanche of safety risks. This is why we are so excited to announce our recent partnership with Cover Whale. Cover Whale Insurance Solutions Inc. is a
In the near future all cars will collect vision data from front-facing cameras. What does this mean for insurance and claims adjustment and resolution? What can we learn from current dash-cam AI solutions? Introduction A study by Autopacific shows that 70% of all new car buyers would want their next