Verisk and Omnitracs Provide Telematics Solutions for Trucking

Analytics provider Verisk has aligned with Omnitracs, LLC, a telematics service provider of large-fleet management and trucking solutions to transportation and logistics companies.

Through the alliance, fleet owners can transfer driving data collected by their Omnitracs telematics platform into the Verisk Data Exchange to obtain safety feedback through focused analytics.

"We're excited to expand our telematics-based insurance services to … help the insurance industry address the challenging commercial auto risk segment through innovative tools and solutions," said Saurabh Khemka, senior vice president and general manager, Verisk Internet of Things (IoT)/Telematics. "Through the Verisk Data Exchange, we see great potential to enhance the way insurers manage commercial auto risk."

"This alliance is a compelling blend of our decades of experience with safety and predictive analytics and Verisk's … insurance-focused data analytics," said Brad Taylor, vice president of data and IoT for Omnitracs. "We're excited … for the potential to create a portfolio of risk management solutions...."