Specialist insurance broker Direct Corporate Risks (DCR), along with RHA Insurance Services (RHAIS), have invested in Matrix iQ’s SmartView platform to enhance their understanding of the impact policyholder risk is having on claims.
Targeted at improving risk in fleet and motor, Matrix’s unique data aggregation service allows DCR to pull driver risk data from its policyholders existing hardware and directly compare it against customer’s historical claims data to reveal hidden trends.
As well using this new insight to forecast and benchmark risk, DCR will be proactively addressing risk with distressed fleets by recommending Matrix’s other services including driver eLearning modules and customised interventions. DCR will also be gaining access to other aggregated datasets to allow them to improve customer value including tachograph, fuel card and ESG impact.
Benn Houghton, Managing Director at Direct Corporate Risks, said: “This is a significant step in our journey to become the UK’s most trusted haulage broker. The partnership with Matrix perfectly aligns with the needs of our business, our clients and our insurer partners.
“Dylan and the team have been outstanding since day one; they understand the vision and have helped us to mould a solution which helps DCR/RHAIS deliver unparalleled insights and value for our fleet and haulage clients. We are incredibly excited to launch our revamped proposition to our clients (and insurer partners) and look forward to working even more closely with the Matrix team in the months and years to come”.
Dylan Taylor, Insurance Partnerships Manager at Matrix iQ, added: “I’m thrilled we are partnering with such a forward-thinking broker. Benn has a clear vision of leveraging data to benefit his policyholders. Our offering aligns perfectly with DCR’s long term goals, and I’m excited to see how we evolve together, ultimately making roads safer and clients happier”.
The new partnership is expected to solidify DCR’s position as one of the most innovative brokers in the industry and help them achieve their goal of revolutionising how claims and risk data are used to inform risk management & underwriting decisions within the business.