Bluewire LLC, a cutting-edge Software as a Service (SaaS) Analytics company, announces the inclusion of industry-wide License and Insurance data into the Bluewire platform, providing the insurance industry with unparalleled insight into trucking risk, and the threats of financial liability, excessive settlements, and catastrophic loss.
In October of 2022, Bluewire launched an online analytics platform for the insurance industry to help underwriters and brokers improve their selection and stewardship of profitable trucking risk. Using artificial intelligence, Bluewire proactively scores the severity risk of more than 750,000 trucking companies monthly, analyzing the vulnerabilities that lead to excess exposure and liability for the trucking industry, and distilling the severity risk of a trucking company down to a single Key Performance Indicator (KPI), their Bluewire GAP Score.
In 2023, Bluewire released the Bluewire Severity Report as an additional stewardship service to all Bluewire subscribers. The report details the severity risk of a single trucking company at a given point in time, by scoring the nine most critical severity GAPs and benchmarking them against thousands of their peers. The Bluewire Severity Report enables underwriters and brokers to deliver a higher standard of stewardship to their clients and prospects.
Today, Bluewire adds industry-wide license and insurance information to its online platform. With full integration into the existing Bluewire GAP Score analytics, this industry-first intersection of severity risk scoring and License and Insurance data includes 1.6M Docket Numbers, and brings revolutionary insight to anyone concerned with measuring trucking risk. With Bluewire, License and Insurance information enhances real-time risk assessments, competitive analysis, and competitive prospecting, enabling underwriters and insurance brokers to differentiate themselves from the competition, write better risk, and improve annual renewals.
“With the integration of License and Insurance information into Bluewire, anyone and everyone in the insurance industry can uncover a wealth of real-time risk insights into more than 750,000 interstate motor carriers”, Steve Bryan, Co-Founder, and Chief Executive Officer at Bluewire said. “In addition, we’re about to debut a new pricing model that will make Bluewire economically available to organizations of all sizes.”
