BlackBerry Limited and DMC Insurance announced that they’ve agreed to develop insurance-based products and services using near-real-time data from BlackBerry Radar.
Leverage data such as vehicle location, route and mileage, temperature, humidity, door status and cargo load state, the companies aim to help trucking companies improve operations, increase safety and better manage the total cost of risk.
“The DMC Management Team averages over 30 years of experience in providing insurance for the transportation industry,” said Joe DeVito, CEO of DMC. “As a leader in this space, we strive to design products which take advantage of the latest technology for the benefit of our customers. BlackBerry Radar is exactly what we were looking for.”
BlackBerry Radar is a data-driven solution that installs in minutes and provides near real-time information on an intuitive online dashboard. Radar collects up to 100 times more data than conventional GPS-based track-and-trace solutions, and uses the information to build a 360-degree visualization of a customer’s assets to ensure safety, security and regulatory compliance, according to Waterloo, Ontario-based BlackBerry. All data is stored securely to maintain the privacy of user information at all times.
“Our partnership with DMC reinforces the value BlackBerry Radar brings to the transportation market,” said Sandeep Chennakeshu, president of BlackBerry Technology Solutions. “By being able to access valuable, near real-time information, motor carriers can optimize their costs of risk and improve their return on investment. This is another great example of how BlackBerry Radar provides a solution to a real need in the transportation market.”