|Description||technology-based risk management|
|The Driving Center, 10/08|
FleetRisk Advisors, LLC provides technology-based risk management and loss control services to the fleet transportation industry. Its solutions integrate fleet and asset management, event data recording, and risk mitigation and loss prevention. The company serves automobile insurance and telematics markets. FleetRisk Advisors, LLC is based in Alpharetta, Georgia.
Their major breakthrough is an efficient system to collect, relate, and analyze seemingly disparate client data; and then turn that data into actionable knowledge. Their professional services team helps their clients leverage this new insight to eliminate risks in their business operations.
They were founded on the premise that companies with commercial fleets have mountains of data; about the people using the vehicle, about the vehicle, and if they have telematics devices, data about how the vehicle is being used. Even more data exists to run the business. Buried within this massive amount of data are insights about the business which can be discovered through analytics, pattern recognition, and predictive modeling. Once â€œminedâ€, this new-found knowledge will enable a business to understand past events, forecast future events, and take action or make decisions to change those future events to their advantage. This system, coupled with their professional team of industry experts makes for great results; increased productivity, lower ‘waste’, and improved efficiency in what is a very complex and dynamic environment.