FICO, a data analytics company, has partnered with eDriving and has launched the latest version of the FICO Safe Driving Score in eDriving’s smartphone-based driver risk management solution.
The risk management solution, Mentor by eDriving, has optimized its FICO Safe Driving Score to better predict the likelihood of future collisions.
Following validation of its predictive ability using a large-scale, naturalistic driving data set from the Strategic Highway Research Program 2 (SHRP 2) study, the latest version enables fleet safety managers to recognize, encourage and ensure a safer driving experience. It identifies with an 18 percent improvement in predictive accuracy, drivers who are “high risk” versus those identified as “low risk.”
High risk drivers are those who are 30 percent more likely to be involved in a collision.
The score uses telematics-based driving data from eDriving’s app to analyze acceleration, braking, cornering, speeding and cellphone distraction. After each trip, drivers receive their FICO Safe Driving Score. Each driver also receives 3 to 5 minute coaching modules to help improve identified “at risk” behaviors and attitudes.
eDriving helps organizations to reduce collisions, injuries, license violations and Total Cost of Ownership through a patented driver risk management program. Mentor by eDriving’s comprehensive solution provides actionable behavioral insights to help organizations build a total view of driver risk within a company-wide crash-free culture® to ensure all drivers return home safely to their loved ones at the end of each day. eDriving is the global risk management partner of choice for many of the world’s largest organizations, supporting over 1,000,000 drivers in 96 countries. Over its 23-year history, eDriving’s programs have been recognized with 70+ awards around the world. For more, visit www.edriving.com.