FORT LAUDERDALE, FL – PHH FirstFleet has launched a new predictive modeling service, which focuses on the need expressed by private truck fleets for new-driver safety analysis and training. The service uses techniques to predict which drivers’ behaviors are likely to cause accidents, and then helps prevent those collisions from happening.
PHH FirstFleet partnered with FleetRisk Advisors to develop the new approach to truck risk and safety. The predictive modeling analytic risk and safety service has already shown significant benefits in client pilot testing, according to PHH:
- Overall accident frequency is down by 23 percent.
- Average accident costs dropped 66 percent.
- Severity of related accident costs are down 67 percent.
- Driver retention has improved. Turnover is down from 84 percent to 42 percent.
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