Tourmaline Labs Incorporates Context-Aware Intelligence into its Driving Behavior Solution

Insurance Weekly News

By a News Reporter-Staff News Editor at Insurance Weekly News -- Tourmaline Labs, a leading provider of contextual driving behavior intelligence, announced that it will be showcasing TL BEHAVIOR at TU-Automotive Detroit. At the show, Dr. Lukas Kuhn will be participating on the panel titled Consumer Acceptance of Automation located in the Crystal Ballroom, on June 8th at 12:10 p.m., to discuss the importance of analyzing driving behavior. TL BEHAVIOR, the company's flagship driving behavior analytics platform, enables Telematics Service Providers (TSPs), Auto OEMs, ride-share providers and insurance companies with the tools, methodologies and expertise to create best-in-class applications. What sets TL BEHAVIOR apart is a patented machine-learning Artificial Intelligence (AI) engine that utilizes contextual analytics and biometrics to analyze driving behaviors. The result is a comprehensive analytics solution that examines driver handling and focus in context with the external driving environment. Reconciling driving events (acceleration, braking, swerving, cornering, etc.) with contributing external factors, including weather, traffic, city vs. highway and localized driving culture, has the effect of removing bias and essentially "leveling-the-playing-field". This data fusion not only helps fleet operators easily track the driving events, scores, and stats of their staff, but also customizes coaching for each individual driver. Drivers benefit by being able to see how well they are driving compared to others on their team or fleet and take action to continuously improve risky driving habits. The benefits of the analytics engine also extend to industry applications that need to closely monitor driver safety, fuel economy, and route efficiency, mandated by local and state regulatory agencies. Early-adopters of Usage Based Insurance (UBI)/Pay-As-You-Drive (PAYD) programs also stand to benefit by enabling insurers to reconcile contextual behavior analytics with the accident history and the actuarial profiles of their policyholders, leading to better understanding of causal risk factors. "Our patented context-aware AI engine provides TSPs, Insurers, Auto OEM's and ride-share providers a multi-dimensional behavior scoring platform that 'calibrates and normalizes' telematics data in context with the driving environment so that they can build rich and meaningful driving-experiences," said Lukas Kuhn, Founder and CTO, Tourmaline Labs. "This results in behavior scoring methodology that is unbiased, relatable and positively reinforces good driving habits, which results in safer roads, less risk and lower costs." Tourmaline Labs' driving behavior analytics platform seamlessly integrates across the technology landscape, from big data cloud analytics, to distributed blockchain data lakes, to fog computing systems operating at the IoT network edge. Already deployed in over 90 countries, TL BEHAVIOR ships pre-calibrated with 800+ devices (including smartphones, tablets, OEM OBD-interfaces, GPS tracking dongles and computers) so it integrates easily and rapidly to solve challenges across a broad range of current industry use cases.

Consumers are able to take advantage of an engaging and interactive user experience (UX) that enables them to track their driving scores, improve their driving habits and keep themselves and their families safer behind the wheel.

Fleet operators have tools and know-how to uncover hidden behavioral habits of their staff and build training programs that incentivize responsible driving habits. The streamlined user interface helps managers save time, and quickly focus on potential problems while fleet drivers are presented with a simplified smartphone scoring and notification app that is engaging and informative.

Insurers are able to tap into telematics data lakes and easily integrate context-aware scoring to build predictive analytics models that help them accurately assess causal risk factors. This results in incentive-based UBI programs that offer policyholders greater control over their ownership experience and compelling cost-saving insurance policies that foster safe and responsible driving habits.

TSPs and System Integrators (SI) are able to easily white-label powerful contextual behavior analytics into their own telematics solutions by utilizing comprehensive collection of click-n-fit APIs and SDKs. This rapid go-to-market approach enables them to focus on building rich, value-added telematics solutions while spending less time integrating complex analytics.

Ride-share and other emerging mobile and social media startups offering leading-edge telematics-based solutions are able to easily integrate advanced contextual behavior analytics into their development roadmaps. This enables rapid go-to-market and a distinctive value proposition that certifies the driving capabilities of their 3rd party contractors, offers customers a value-added UX and reduces their insurance liability footprint.

Incorporating powerful contextual behavior analytics, purposeful scoring system and positively-reinforced driver coaching, provides a compelling solution for any organization seeking to proactively understand, manage and mitigate risk, reduce liability, reduce vehicle maintenance costs and optimize fuel usage. TL BEHAVIOR sets the bar as a "market disrupter" in its ability to fundamentally change the way companies promote safe driving practices, monetize value-added services and become more proactive in preventing accidents.

To learn more about TL BEHAVIOR, visit www.tourmalinelabs.com. About Tourmaline Labs Tourmaline Labs, Inc. is a leading provider of driving behavior intelligence data services. Our SaaS and PaaS data analytics solutions provide deep-insight on driving behaviors that enable customers to proactively assess risk and support a culture of eco-friendly safe driving behaviors. Telematics service providers (TSPs), insurance firms, ride-share companies, auto OEMs, and others, now have the means to easily acquire, interpret and analyze hyper-localized and contextualized telematics-based metrics. Tourmaline Labs achieves this through a proven framework of purpose-built machine-learning algorithms, patented Artificial Intelligence (AI) behavior modeling and knowledge-centric analytics. Our easy-to-integrate, battery-optimized iOS and Android SDKs, click-n-fit PaaS APIs, and zero-programming white-label SaaS solutions leverage the ubiquitous mobile smartphone as the dominant data collection-point from which driver metrics may be up-streamed on a massive scale. Founded in 2013, the Tourmaline Labs team is comprised of seasoned industry leaders, experienced engineers and first-rate data scientists. View source version on businesswire.com: http://www.businesswire.com/news/home/20170607005474/en/

Keywords for this news article include: Cyborgs, Machine Learning, Risk and Prevention, Tourmaline Labs Inc, Emerging Technologies, Artificial Intelligence.