Partnership Focuses On Collaboration Across Industries to Prevent FraudOAK BROOK, Ill., June 12, 2024 /PRNewswire/ -- Two leaders in their respective industries are joining forces to protect insurers and our communities from questionable third-party roadside and vehicle service providers to deter insurance fraud. The National Insurance Crime Bureau (NICB), the nation's premier not-for-profit organization dedicated to preventing and prosecuting insurance fraud and crime, and Agero, the leading white-label provider of digital driver assistance services and software for the majority of automotive insurance brands, are forming a strategic partnership to combat fraud before it happens."Through this strategic partnership, NICB and Agero will work together to detect fraudulent activities swiftly, prevent losses, and protect everyday Americans from vehicle service provider scams and crimes," said David J. Glawe, President and CEO of NICB.The FBI reports that insurance fraud (non-health insurance) is estimated to be more than $40 billion per year, costing the average U.S. family between $400 and $700 annually in increased premiums. Additionally, auto insurance fraud is underreported, as 29 percent of those who say they were victims never reported their suspicions. These are the exact negative impacts that NICB and Agero are looking to address in their partnership."Agero's comprehensive approach to detecting malicious behavior and road safety enhancement is driven by our relentless pursuit to protect drivers and insurers through technological innovation and our commitment to excellence," said Jeffrey Blecher, Chief Operating Officer at Agero

MEDFORD, Mass.--(BUSINESS WIRE)--Headline of release dated March 19, 2024, should read: Agero Expands Deployment of Crash Response Technology Following Significant Growth in 2023 (instead of Agero's Crash Response Volume Doubled in 2023, as More Top Insurers Embrace Telematics-Driven Crash Detection). The updated release reads:. AGERO EXPANDS DEPLOYMENT OF CRASH RESPONSE TECHNOLOGY FOLLOWING SIGNIFICANT GROWTH IN 2023

MEDFORD, Mass.--(BUSINESS WIRE)--Headline of release dated March 19, 2024, should read: Agero Expands Deployment of Crash Response Technology Following Significant Growth in 2023 (instead of Agero's Crash Response Volume Doubled in 2023, as More Top Insurers Embrace Telematics-Driven Crash Detection). The updated release reads:. AGERO EXPANDS DEPLOYMENT OF CRASH RESPONSE TECHNOLOGY FOLLOWING SIGNIFICANT GROWTH IN 2023