Azuga Celebrates Two-Year Membership with the IoT Observatory, Driving Innovation in Telematics and Claims Management

FREMONT, Calif.--(BUSINESS WIRE)--Azuga, a leading provider of connected vehicle and fleet technologies, is proud to celebrate its two-year anniversary as a valued member of the IoT Observatory, having officially joined in 2023. This milestone underscores Azuga's commitment to advancing telematics solutions and its role as a thought leader in telematics adoption and claims management.

Tom Erdman, Executive Vice President of Sales and Business Development explains, "Azuga formed its insurance telematics practice nearly ten years ago in support of commercial auto loss reduction while also impacting operations across loss control, underwriting, and claims. We continue to increase our investment in this discipline by staffing industry experts, developing supporting insurance analytics platforms, and contributing to industry forums and think tanks like the IoT Observatory.”

Azuga has consistently been at the forefront of telematics advancements, particularly in leveraging data to revolutionize claims handling. Its expertise is highlighted in their recent whitepaper, "Leveraging Telematics for Enhanced Commercial Auto Claims Handling."

The latest whitepaper draws on the deep expertise and industry experience of Joe Shugrue, the newest member of our Azuga’s Insurance Team and Director of Business Development. In this insightful resource, Joe explores telematics' transformative role in commercial auto insurance, highlighting its power to:

• Enable Proactive Crash Detection & FNOL: Real-time data enables faster alerts, reducing overall claim costs.
• Ensure Accurate Coverage & Faster Resolution: Objective data streamlines assessments.
• Improve Liability Determination: Unbiased evidence aids in assigning fault.
• Combat Fraud: Telematics helps identify claim inconsistencies.

The whitepaper also provides best practices for implementing telematics in claims handling (investing in technology, ensuring data security, educating staff, leveraging AI and analytics, and fostering collaborations) and enhancing the customer experience through efficient, transparent claims.

To download the full whitepaper, "Leveraging Telematics for Enhanced Commercial Auto Claims Handling," click here.

About Azuga

Azuga, Bridgestone's globally trusted fleet management solution, provides innovative end-to-end solutions for commercial fleets, government agencies, insurance companies, and automotive industry suppliers through an integrated approach of hardware technology, fleet management applications, driver gamification, video telematics, and data analytics. The award-winning Azuga Fleet solution powers over 14,000 commercial fleets, from small to large enterprises.

Social Media Profile

Azuga on LinkedIn: https://www.linkedin.com/company/azuga-inc-/