Driver Ranking system
Insurance company underwrite of polcuyes
Insurance companies traditionally compute a driver's risk by the number of accidents he had in the last 3-5 years.
This a naive approach that does not consider how fault he was it, how much time the driver is using the road, and how good a driver is.
In this project, we used IoT sensors from the car such as speed, accelerometers, GPS, and more. We were able to rank drivers from best to worst by their likelihood of being involved in an accident.
Our system had a high correlation between its score and the number of accidents the driver took part in.
Increase the accuracy of ranking a driver
Improve service and reward good drivers
Risk mitigation with bad or new drivers