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Nexar and HDVI Join Forces to Enhance Fleet Safety with AI-Powered Dashcams

In a significant move to revolutionize fleet safety, Nexar, a leader in artificial intelligence mobility solutions, has formed a strategic alliance with High Definition Vehicle Insurance (HDVI). The collaboration aims to equip commercial fleets with cutting-edge, self-installing dashcam technology, aimed at improving safety, streamlining claims, and providing substantial value to both fleet operators and insurance agents.

This partnership comes at a crucial time as the commercial auto insurance industry grapples with rising loss ratios, increasing litigation, and a surge in fraudulent claims. Fleets are feeling the pressure to adopt smarter and faster solutions to mitigate risks. Nexar’s AI-driven dashcams are designed to offer real-time insights by detecting incidents, reconstructing collisions, and assisting in reducing fraud, all of which are crucial for fast-tracking claims resolutions.

“Partnering with HDVI allows us to deliver our user-friendly yet powerful technology to a broader range of fleets,” stated Jon Miller, Vice President of Enterprise Growth at Nexar. “This collaboration focuses on empowering fleets with the necessary tools to enhance safety, proactively manage risks, and operate more efficiently—all without complex installations or hefty upfront expenses.”

As a key benefit of this partnership, HDVI insured fleets will receive exclusive access to discounted Nexar hardware. This enhanced solution equips HDVI agents with a field-tested product to offer their clients, demonstrating real-world effectiveness in managing safety and claims optimally.

Keith Halasy, Chief Revenue Officer of HDVI, emphasized the company's commitment to innovation in the insurance sector. “We are consistently looking for new avenues to assist our customers in safeguarding their drivers and mitigating operational risks. Nexar's AI dashcam aligns perfectly with our safety-first philosophy and provides incredible value for trucking operations that seek to enhance their safety and claims management procedures.”

Moreover, Nexar’s technology boasts impressive operational metrics. Fleets using this solution typically see an installation success rate of over 85% within days, unlocking actionable insights almost immediately. By simplifying technology adoption and furnishing real-time support for safer driving practices, the partnership stands poised to help fleets navigate the complexities of today's operational risks effectively.

For more information on the collaboration between Nexar and HDVI, visit Nexar's insurance platform.

About Nexar

Nexar is a pioneering company that transforms vehicles into vision sensors, enhancing understanding and safety on the roads. Its platform underpins vision-connected services and applications, leveraging a crowd-sourced vision feed to develop novel vision-based technologies. This innovative approach aids the autonomous vehicle sector and various public and private partners seeking to enhance roadway safety and efficiency. Learn more at Nexar's official website.

About HDVI

HDVI is at the forefront of technology-driven solutions in the commercial auto insurance landscape. By employing both historical and real-time telematics data, HDVI assesses risk effectively and delivers tools and services aimed at improving safety, rewarding safe driving, and facilitating efficient claims processing. Based in Chicago, with additional offices in Greenville, South Carolina, and Columbus, HDVI is a licensed property and casualty insurance agent with products underwritten by various insurance entities. Find out more at HDVI's website.