Safe Drive Systems Radar Collision Avoidance Technology is Implemented in a Pilot Conducted with Berkshire Hathaway GUARD Insurance Companies
NEW YORK--(BUSINESS WIRE)--Jun 25, 2019--
Safe Drive Systems (SDS), a leading developer and distributor of aftermarket advanced auto safety technologies, and its partner, Berkshire Hathaway GUARD Insurance Companies, have announced the end of the first stage of their ongoing fleet technology pilot project.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190625005167/en/
Safe Drive Systems Radar Collision Avoidance Technology is Implemented in a Pilot Conducted with Berkshire Hathaway GUARD Insurance Companies (Photo: Business Wire)
Ten months ago, Safe Drive Systems radar accident prevention systems were installed in the vehicles of selected fleet customers of Berkshire Hathaway GUARD Insurance Companies to evaluate whether the system and the provided service would reduce the frequency and severity of their claims. The vehicles were equipped with an integrated radar accident prevention system and fleet management system, including real-time tracking abilities, report generation software, driver behavior scoring, and the Fleet SDS mobile application.
According to Safe Drive System’s CEO Tuvi Cohen, “The system is currently installed in more than 580 vehicles that collectively have been driven more than 5,000,000 miles and showcases the driver education process to yield positive trends and results in driver performance.”
As noted by SDS’s Cohen, “The radar accident prevention system sends alerts and notifications to the driver which creates a subconscious awareness that was absent prior to installing the system. Ninety-two percent of drivers immediately reduced their speed whenever the radar system warned them of a potentially high-risk situation that could have caused an accident on the road.”
The radar accident prevention system works in all weather conditions and uses both radar and camera sensors to alert drivers of potential hazards. The system paired with the fleet management tool provides the owner or operator insight in “real time” to improve driver behavior and performance with ease.
Cohen notes “Our mission for years has been to make the road a safer place to be through technology. An ambitious idea that drives everything we do — from individual vehicle protection to entire fleet management solutions.”
Sy Foguel, President and CEO of Berkshire Hathaway GUARD Insurance Companies added, “The SDS system helps our insureds manage their fleets and also provides us with telematics data. What we value most, however, is the potential of the system to help avoid auto accidents and save lives.”
About Berkshire Hathaway GUARD
Berkshire Hathaway GUARD Insurance Companies offer Commercial and Personal insurance products, writing policies nationwide for over a quarter million policyholders. Headed by CEO and President Sy Foguel, Berkshire Hathaway GUARD Insurance Companies maintain a total of eight offices throughout the country. Learn more about Berkshire Hathaway GUARD at guard.com
About Safe Drive Systems
Founded in 2008, Safe Drive Systems designs, manufactures and markets aftermarket collision avoidance prevention devices that maximize technology to prevent or reduce the severity of the type of vehicle accidents that, according to the National Transportation Safety Board, cause 90% of vehicle fatalities. Headquartered in New York City, over 100,000 Safe Drive Systems solutions have been deployed worldwide.
View source version on businesswire.com:https://www.businesswire.com/news/home/20190625005167/en/
CONTACT: Mary Michaely PR manager
KEYWORD: NEW YORK UNITED STATES NORTH AMERICA CANADA
INDUSTRY KEYWORD: TECHNOLOGY OTHER AUTOMOTIVE INSURANCE AUTOMOTIVE TRANSPORTATION PROFESSIONAL SERVICES TRAVEL TRUCKING OTHER MANUFACTURING TRANSPORT OTHER TECHNOLOGY GENERAL AUTOMOTIVE ENGINEERING HARDWARE AUTOMOTIVE MANUFACTURING MANUFACTURING DATA MANAGEMENT
SOURCE: Safe Drive Systems
Copyright Business Wire 2019.
PUB: 06/25/2019 09:00 AM/DISC: 06/25/2019 09:01 AM