COLUMBUS, Ohio & BUCYRUS, Ohio–(BUSINESS WIRE)–TNEDICCA®, a leader in traffic accident data and location risk analysis, and Ohio Mutual Insurance Group are collaborating to provide Ohio Mutual members in Ohio with a unique view of crash hot spots, locations where frequent accidents occur. The Accident Advisor solution is powered by TNEDICCA’s proprietary crash database of over 30 million crashes, based on police reports and geolocated to the precise location of the crash. A map allows Ohio Mutual members to identify local crash hotspots specific to their home and commute areas. This understanding can help policyholders stay safer on the road by avoiding accident hotspots or taking extra care in these high-risk areas.
“This safety solution introduces the concept of risk mitigation to an auto insurance industry that previously focused on accurate risk assessment,” said Yiem Sunbhanich, co-founder and CEO of TNEDICCA. “This innovation is close to our core mission of reducing road accidents. This partnership allows us to learn from customer feedback to further improve the current solution and create future road safety solutions.”
Traditionally, auto insurance companies use metrics like TNEDICCA’s Location Risk Score to assess risk and improve pricing models. Accident Advisor is an innovative use of this powerful crash data that enables drivers to reduce road hazards and improve safety.
“We are excited to bring this solution to our Ohio members and look forward to expanding this tool to other states soon,” said Chad Combs, Vice President of Personal Lines Underwriting at Ohio Mutual Insurance Group. “We are constantly looking for innovative ways to provide value to our loyal members and provide them with the best tools to stay safe on the road.”
About Ohio Mutual Insurance Group
Ohio Mutual Insurance Group, founded in 1901 and based in Bucyrus, OH, partners with more than 400 independent agencies to distribute high-quality property and casualty insurance products in Connecticut, Indiana, Maine, New Hampshire, Ohio, Rhode Island and Vermont. Ohio Mutual has been rated “A/Stable” by AM Best Co. for more than three decades.® nine times since 2009.
Founded in 2015 and headquartered in Columbus, Ohio, TNEDICA’s mission is to reduce future traffic accidents through better use of data and analytics. TNEDICCA has built the most comprehensive accident location database of over 30 million accidents covering 94% of the US auto insurance market. The company offers solutions for car insurance, navigation services, car manufacturing and transportation planning. The company offers telematics and non-telematics risk scores that are empirically proven to improve price precision and better risk selection. Connect with TNEDICA on LinkedIn and Facebook. Visit www.tnedicca.com.
All trademarks acknowledged.