QuantivRisk utilizes telematics and onboard sensor data to provide objective crash analysis for car accidents, enabling accurate liability assessments and efficient claims processing. By transforming complex vehicle data into clear visual representations, the company enhances transparency and fairness in accident resolution for insurers and car owners.
Funding
$1.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Current methods for resolving auto accident liability are often subjective, labor-intensive, and prone to errors, leading to disputes and inefficiencies in claims processing. The reliance on traditional subjective views from involved parties can result in unfair outcomes and prolonged resolution times.
Solution
QuantivRisk provides objective crash analysis by leveraging telematics and onboard sensor data from vehicles involved in accidents. The platform transforms complex vehicle data into visual representations of the accident, offering a clear and accurate understanding of the events. By analyzing relevant metrics from the car's perspective, QuantivRisk facilitates data-driven insights for precise liability assessment and efficient claims processing, ensuring transparency and fairness for insurers and car owners.
Target Audience
The primary customers are insurance companies seeking to enhance customer experience and optimize efficiency in claims processing, and car owners who want to ensure fair and transparent claims resolution.
Features
- Visual representation of accident events based on car data.
- Analysis of vehicle metrics, including speed, braking, steering, and impact forces.
- Objective accident evaluations for informed decisions and fair outcomes.
- Data-driven insights for precise liability assessment.
- Efficient claims processing through quicker resolutions.