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Companies teaming to launch data-driven, telematics models for the insurance industry
IRVINE, Calif. and NOVI, Mich. — April 28, 2022 — Hitachi Solutions America, Ltd., a global systems integrator with leading capabilities in Microsoft solutions and technologies, and BitBrew, a leader in enabling smart connectivity and mobility services, are pleased to announce they have entered into a strategic solutions integration partnership. The alliance combines BitBrew’s Edge-to-AI Connected Vehicle Platform with Hitachi Solutions America’s insurance industry knowledge, enterprise integration, and deployment expertise to deliver innovative, data-driven vehicle health and driver behavior solutions for the insurance industry.
As insurance companies look for ways to compete smarter, be more efficient, and differentiate themselves, they are adopting new service models that reduce risk, enhance vehicle health performance, and encourage safer driving. However, transformation to these models is not always straightforward, can be time-consuming, and face underwriting and other roadblocks.
BitBrew’s Connected Vehicle Platform provides an end-to-end, plug-configure-play AI-based framework that simplifies and speeds the development of mobility solutions. The availability of this platform allows Hitachi Solutions America to leverage real-time telematics data streams to rapidly deliver rock-solid, data-driven models and connected, high-value services that better satisfy the demands of today’s insurance industry.
“Hitachi Solutions group has a long history of delivering Microsoft-based business solutions for the insurance industry and we are always looking for ways to better meet our customers’ needs. And, while we can build anything, we recognize that teaming with mature solutions providers like BitBrew can provide us – and our customers – with more value faster,” said Leah Quartano, Insurance Industry Vice President at Hitachi Solutions America, Ltd. “This partnership extends our ability to support insurance, fleet, and smart city industry verticals while accelerating the telematics solution journey for our customers.”
Feature-rich and user-friendly, BitBrew’s Connected Vehicle Platform packages the benefits of IoT, AI, and machine learning-driven risk models for policy managers, underwriters, claims processing, and data science teams, making it easier for them to build and adopt a connected, automotive ecosystem that offers policies that:
- Reduce claims processing costs
- Support telematics-driven underwriting
- Offer preemptive vehicle maintenance
- Improve warranty management
- Make asset & loT management more accurate
- Support data-driven driver management systems (DMS) & fleet optimization
“At BitBrew, we are proud to have pioneered dynamic connected vehicle solutions that are driving the mobility revolution and creating smarter vehicles, safer roads, and more efficient cities,” said Krishna Guda, Chief Executive Officer at BitBrew. “We look forward to working closely with Hitachi Solutions America, leveraging their deep insurance industry focus and Microsoft solution expertise to better address the needs of the insurance industry through telematics and data-driven offerings. This partnership, backed by our parent company Danlaw’s nearly 40 years of automotive heritage, puts us ahead of our competitors.”
BitBrew is a leader in enabling smart connectivity and mobility services. The company is on a mission to connect, manage, create, and engage experiences that inspire new and improved mobility services. The company is a subsidiary of Danlaw, a global leader in connected car technology and automotive electronics. For more information visit bitbrew.com.
Danlaw is a global leader in connected car technology and automotive electronics. The company focuses its efforts on research and development to create intelligent solutions for an increasingly connected world. The company is dedicated to revolutionizing mobility by driving innovation and bringing people together. The 300+ Danlaw engineering professionals have been providing automotive embedded electronics solutions to OEMs and their tier-1 supply base for over 37 years. Danlaw has facilities in the USA, India, and China. Danlaw specializes in embedded systems development and testing for embedded control units (ECUs), vehicle network communications, infotainment, and telematics. Customers include automotive OEMs, electronics suppliers, fleet, and automotive insurance companies worldwide. Visit danlawinc.com for more information.
About Hitachi Solutions America
Hitachi Solutions is a global systems integrator with leading capabilities in Microsoft solutions and technologies. Our skilled professionals combine advisory services, industry and technology expertise, and implementation excellence that encompass our customers’ people, processes, business applications, and technologies to support and accelerate their data and business system modernization initiatives. For more information visit global.hitachi-solutions.com.
About Hitachi Solutions
Hitachi Solutions, Ltd., headquartered in Tokyo, Japan, is a core member of the Information & Telecommunication Systems business of Hitachi Group and a recognized leader in delivering proven business and IT strategies and solutions to companies across many industries. The company provides value-driven services throughout the IT life cycle from systems planning to systems integration, operation, and maintenance. Hitachi Solutions delivers products and services of superior value to customers worldwide through key subsidiaries in the United States, the United Kingdom, Canada, India, and Asia Pacific. For more information on Hitachi Solutions, please visit: http://www.hitachi-solutions.com.