Case Study: a US-based insurance company improves driver risk assessment with OptiSol Business’s Power BI driver behavior dashboard

a US-based insurance company improves driver scoring accuracy to 90% with OptiSol Business (iBEAM C2J)

The customer, a US-based insurance company, faced challenges with inadequate driver behavior analysis, slow data retrieval from telematics data, and limited visualization tools. These issues hindered their ability to set fair insurance premiums and make timely, informed decisions. To address this, they partnered with vendor OptiSol Business.

OptiSol developed a Driver Scoring Model and integrated it into an interactive Power BI dashboard, providing insights into driving habits. The solution included a REST API for efficient score retrieval and was supported by AWS services. This allowed the insurance company to set more accurate premiums, leading to a significant increase in customer satisfaction and enabling faster, more informed decision-making.