About QuantivRisk
Experts in Vehicle Data Analysis
Our Story
“What will all the advancements in automotive technology – electric vehicles, autonomous driving, advanced driver assistance systems and connected cars – mean to car accidents in the future? We know the societal intentions – environmental sustainability, improved driver safety, and saving lives. But how will auto claims be adjudicated with these new advancements?”
These are questions we were hearing from one of our insurance clients that is dedicated to meeting the unique challenges presented by complex automated and autonomous technologies in the claims resolution process.
Recognizing the seismic shift connected cars will have on the resolution of automotive insurance claims, QuantivRisk became the first technology firm to gain access to Vehicle Performance Data (“VPD”) — a term used to distinguish telematics or EDR data from the more robust and instructive data generated by connected vehicles during normal operation—directly from an OEM.
QuantivRisk now advises a broad range of stakeholders, showcasing the power of VPD in providing new insights into car accidents.
About QuantivRisk
Advancements in technology have transformed vehicle navigation and interpretation of the environment, with automation becoming increasingly prevalent. Despite tech-driven safety features revolutionizing driving, the data supporting these systems hasn’t changed how accidents are analyzed and insurance claims are resolved —until now.
QuantivRisk is the first company to evaluate accidents using next-gen technology and data science, providing a data-backed view into accident circumstances, reducing subjectivity in claims resolution and liability determination. By accelerating insurance claims innovation, QuantvRisk harnesses vehicle technology’s potential for greater efficiency and objectivity in collision analysis and claim settlement.
Our Mission: Transforming Accident Claims Through Technology
The current approach to transportation risk management, mitigation, and transfer—involving law enforcement, insurance, and the civil and criminal justice systems—is antiquated. These systems have failed to keep pace with technology, continuing to rely largely on fallible and subjective eye-witness accounts to determine cause and liability in crash events. This creates inefficiencies and drives costs.
Our transportation risk management systems need to leverage advances in mobility and automotive technology, including advances in connectivity, automation, electrification, traffic management, and data storage. Presently, these advances are being made by market participants with little uniformity.
QuantivRisk can bring insight and order to this evolving landscape through its Accident Advisory Program and its CRASHVIEW™ tool, which is designed to provide an “instant replay” of a vehicle collision using VPD. The Accident Advisory Program and CRASHVIEW™ promise to eliminate the inaccuracies of manual investigations and bring speed, objectivity, efficiency to those who need to know what really happened in a traffic accident.