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AI in Automotive - #303 - Jorit Schmelzle - CEO, Peregrine Technologies
AI in Automotive Podcast
The Importance of a Risk Assessment Score
The risk assessment that you spoke about, that has tremendous value in itself, right? I mean, I can imagine a lot of industry participants being interested in that sort of insight and that sort of metric. It could be anyone from fleet owners wanting their drivers to get better over time using a risk assessment score or potentially filter out their drivers or incentivize their drivers. Insurance companies might be very interested in having a long term risk assessment score tied to either a fleet or a specific individual which then helps them make more accurate premium estimations. And if an accident happens, you will have business interruption. You lose a lot of time. But even after that, it will have significant impact on your business
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