PHH FirstFleet has launched its new predictive modeling service. This service focuses on the need expressed by private truck fleets for new driver safety analysis and training. It uses techniques to predict which drivers behaviors are likely to cause accidents, and then helps prevent those collisions.
The firm has partnered with FleetRisk Advisors to develop a new approach to truck risk and safety. The predictive modeling analytic risk and safety service has already shown these benefits in client pilot testing:
- Overall accident frequency is down by 23%.
- Average accident costs dropped 66%.
- Severity of related accident costs are down 67%.
- Driver turnover is down from 84% to 42%.
Developed for the transportation industry, PHH FirstFleets predictive modeling leverages advanced technology, integrates it with client information about drivers and vehicle telematics data, and provides analysis and consultative expertise for clients.