Deep dive into using our intelligence for risk management: Part Three
This is the final post in a series of blog posts looking at how you can use our risk intelligence to understand more about your organization’s overall risk level, to learn how your current safety programs influence risk, and to identify ways to reduce driving risk further.
If you haven’t yet read the other posts, please check out Part One and Part Two. Otherwise, read on to discover how to use AI risk intelligence into road safety to transform your approach to driver training and ongoing risk management.
Part Three: Rethinking driver training
A proactive approach
Different companies have different capacities and approaches when it comes to driver training. Do you currently have a structure as to how you select drivers for training, or are they chosen at random? If, for example, you can train 5% of drivers every week, our Crash Probability Tool will provide a list of the 5% highest risk drivers every week, along with reasons for risk level, trends in risk level, and recommendations to reduce risk.
These new insights enable you to provide the right intervention, at the right time, to the right drivers. Going forward, this gives you the confidence that you are selecting the drivers for training who need it most, making your training more effective and delivering an improved ROI from your existing resources.
Powerful predictions: The Crash Probability Tool can determine the % of crashes caused by a set % of drivers. This means you can focus your efforts on those drivers, helping to mitigate a high proportion of crashes.
Example of insights you might receive:
Conclusion and main takeaways:
Our risk intelligence allows your company to gain a completely new perspective on risk. You might already have big plans to reduce crashes and great ideas for safety programs, but are you able to measure their impact on crash risk?
- Our Crash Probability Dashboard provides your entire company with the same view of risk (1-15) which makes it easy to understand, monitor and follow up on. It also provides a benchmark against which you can measure future efforts. The Dashboard also makes it easy for your company to quantify the success of safety interventions and to validate the ROI of separate initiatives.
- The Crash Probability Tool provides a simple and logical solution for selecting drivers for training. This maximizes the value of training to reduce crashes and associated costs.
- An added benefit to your company is that you can give your insurance provider a better understanding of your company’s predicted crashes for pricing and risk management.
