Bluewire LLC Continues Market Expansion of AI-Based Analytics Platform; integrates Bluewire GAP Scores into Tenstreet
Safer Roads. Period.
NEWS PROVIDED BY
Bluewire LLC
May 28, 2024, 11:00 AM ET
Sun Valley, ID, May 28, 2024 — Bluewire LLC, a cutting-edge Insurtech AI Software as a Service (SaaS) Analytics company, announces the integration of its Bluewire GAP Scores into Tenstreet. This partnership builds upon Bluewire’s expansive growth into the insurtech landscape and reinforces the critical importance of severity risk analysis in the trucking insurance industry’s fight against excess verdicts.
By natively exposing Tenstreet customers to their Bluewire GAP Scores, they gain visibility into the nine Severity GAP Categories most often exploited by plaintiff attorneys to drastically increase the severity of a claim. Tenstreet's partnership with Bluewire underscores their dedication to enhancing their platform's functionality and providing invaluable resources for trucking companies to navigate risk management effectively.
In October of 2022, Bluewire launched an AI analytics platform to proactively score the severity risk of over 750,000 regulated motor carriers, providing unprecedented visibility into the gaps and vulnerabilities that lead to excessive settlements against trucking companies and their insurance partners.
In 2023, Bluewire released the Bluewire Severity Report, detailing the severity risk of a single trucking company, including multi-DOT#’s, scoring the nine severity categories and benchmarking the motor carrier against any comparison group they choose. The addition of industry-wide license and insurance information allows motor carriers to benchmark insurance companies and prepare to shop for their upcoming annual renewal.
In 2024, Bluewire released Bluewire Analytics, a dynamic and revolutionary reporting capability for the trucking insurance industry, motor carriers, and third-party vendors that boasts interactive reports streamlining severity risk analysis through an unprecedented and interactive user experience that far exceeds the legacy standard.
"We’re always looking for opportunities to educate the industry on the importance of Severity Risk analysis,” Steve Bryan, Co-Founder and Chief Executive Officer at Bluewire said. “Partnering with Tenstreet to provide their customers with native visibility into their severity risk scores seemed like the next evolution of our partnership. It also continues Tenstreet’s stellar reputation as one of the most innovative, and customer-focused companies in our industry.”
Tim Crawford, Tenstreet CEO agrees, “Integrating Bluewire GAP Scores into our platform aligns perfectly with our mission to provide comprehensive solutions that empower our customers with the insights they need to make informed decisions. By offering native access to Bluewire's severity risk analysis, we enhance our commitment to helping trucking companies mitigate risks and operate more safely on the roads."
ABOUT TENSTREET
Tenstreet’s platform connects carriers and drivers, making it easier to fill trucks while staying compliant. Tenstreet helps thousands of motor carriers and private fleets to market, recruit, onboard, manage, and retain drivers. Since 2006, millions of drivers have used Tenstreet’s platform to apply for their next job quickly and securely.
ABOUT BLUEWIRE LLC
Bluewire LLC was founded in 2021 by a group of industry experts who were about to retire but wanted to leave the trucking industry better than it was when they found it. Combining their expertise in trucking, litigation, insurance, and technology, they set out to protect the trucking industry from the threats of financial liability, excess settlements, and catastrophic loss. They built an analytics company to score the severity risk of trucking companies and use AI to bring to light the tremendous opportunities for insurance and trucking to join together in the pursuit of safer roads. Bluewire is headquartered in beautiful Sun Valley, ID. For more information, visit bluewire.ai.
SOURCE Bluewire LLC – Press Contact Matt Passannante, matt@bluewire.ai