Bluewire LLC First to Market With Advanced Severity Risk Analytics; Adds Industry-wide License and Insurance Data to Monthly Subscription
Safer Roads. Period.
News Provided by
Bluewire LLC
August 30, 2023 11:00 AM ET
Sun Valley, ID, August 30, 2023 — Bluewire LLC, a cutting-edge Software as a Service (SaaS) Analytics company, announces the inclusion of industry-wide License and Insurance data into the Bluewire platform, providing the insurance industry with unparalleled insight into trucking risk, and the threats of financial liability, excessive settlements, and catastrophic loss.
In October of 2022, Bluewire launched an online analytics platform for the insurance industry to help underwriters and brokers improve their selection and stewardship of profitable trucking risk. Using artificial intelligence, Bluewire proactively scores the severity risk of more than 750,000 trucking companies monthly, analyzing the vulnerabilities that lead to excess exposure and liability for the trucking industry, and distilling the severity risk of a trucking company down to a single Key Performance Indicator (KPI), their Bluewire GAP Score.
In 2023, Bluewire released the Bluewire Severity Report as an additional stewardship service to all Bluewire subscribers. The report details the severity risk of a single trucking company at a given point in time, by scoring the nine most critical severity GAPs and benchmarking them against thousands of their peers. The Bluewire Severity Report enables underwriters and brokers to deliver a higher standard of stewardship to their clients and prospects.
Today, Bluewire adds industry-wide license and insurance information to its online platform. With full integration into the existing Bluewire GAP Score analytics, this industry-first intersection of severity risk scoring and License and Insurance data includes 1.6M Docket Numbers, and brings revolutionary insight to anyone concerned with measuring trucking risk. With Bluewire, License and Insurance information enhances real-time risk assessments, competitive analysis, and competitive prospecting, enabling underwriters and insurance brokers to differentiate themselves from the competition, write better risk, and improve annual renewals.
"With the integration of License and Insurance information into Bluewire, anyone and everyone in the insurance industry can uncover a wealth of real-time risk insights into more than 750,000 interstate motor carriers”, Steve Bryan, Co-Founder, and Chief Executive Officer at Bluewire said. “In addition, we’re about to debut a new pricing model that will make Bluewire economically available to organizations of all sizes.”
About Bluewire LLC
Bluewire LLC was founded in 2021 by a group of industry experts who were about to retire, but wanted to leave the trucking industry better than it was when they found it. Combining their expertise in trucking, litigation, insurance, and technology, they set out to protect the trucking industry from the threats of financial liability, excess settlements, and catastrophic loss. They built an analytics company to score the severity risk of trucking companies, and use AI, to bring to light the tremendous opportunities for insurance and trucking to join together in the pursuit of safer roads. Bluewire is headquartered in beautiful Sun Valley, ID. For more information, visit bluewire.ai.
SOURCE Bluewire LLC – Press Contact Matt Passannante, matt@bluewire.ai