TransUnion Enhances Solutions for the Insurance Industry With Majority Ownership of Drivers History
February 4, 2015.
TransUnion announced today the acquisition of a majority interest in Drivers History, a leading provider of traffic violations and criminal court data. This transaction enhances TransUnion's position as a trusted provider of data and analytic solutions to the insurance industry and strengthens Drivers History's offering and market access by leveraging TransUnion's carrier relationships and connectivity. Although it will retain its operational independence, Drivers History will be expanding its relationship with TransUnion's Insurance business unit for the immediate benefit of both organizations. Financial terms of the deal were not disclosed.
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TransUnion and Drivers History Partner
March 24, 2014.
TransUnion and Drivers History Partner to Provide Insurance Carriers with Access to Enhanced Individual Driving Records
Service offers insurers insight into driving records at a fraction of the cost of an MVR
Chicago, March 24, 2014 – TransUnion and Drivers History, a market leader in acquiring, processing/aggregating and distributing traffic and criminal related court data, announced today a new revolutionary service for the insurance industry – TransUnion DriverRiskSM powered by Drivers History.
The service permits auto insurance carriers to supplement their existing processes and identify those drivers with ratable activity, optimizing the use of motor vehicle reports (“MVRs”) while managing expenses. This collaboration also creates a powerful predictor of loss that insurers may integrate into their existing underwriting/rating models.
The timing of DriverRisk comes as the cost for MVRs, the single largest expense for auto insurance carriers, continues to rise as states increase MVR fees as a source of revenue.
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PIA Partners with Drivers History to Help Agents Reduce MVR Expenses
October 16, 2013.
Groundbreaking Traffic Violation Reporting Tool Available Exclusively to PIA Member Agents
WASHINGTON – The National Association of Professional Insurance Agents (PIA) today announced the formation of a groundbreaking partnership with Drivers History which promises to change the way agents use motor vehicle reports (MVRs). Through PIA’s exclusive partnership with Drivers History, PIA members can access DocIT™, a web-based, propriety database of driver violation data that is available to agents at a fraction of the cost of a typical MVR.
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Digital Matrix Systems, Inc. Announces Access to Drivers History Proprietary Databases
April 17, 2013.
As part of a continuing effort to bring new data options to insurance carriers, Digital Matrix Systems Inc. is announcing a strategic alliance with Drivers History, a driver violation reporting service that can be used to pinpoint ratable activity for insurance policy applicants.
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