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Cambridge Mobile Telematics (CMT) pioneered telematics for usage-based and behavior-based programs making roads and drivers safer around the world. Founded in 2010 by two MIT professors, CMTs accomplished team of expert scientists and experienced entrepreneurs developed DriveWell, an advanced mobile-sensing and big data platform delivering an end-to-end smartphone telematics solution. DriveWell provides valuable feedback to users, helping them to improve driving performance and become more aware of unsafe behaviors. DriveWell is the first telematics platform in the industry to provide both traditional vehicle-centric, usage-based-insurance (UBI) and driver-centric, behavior-based insurance (BBI) solutions. Through the DriveWell program, CMTs partners can easily measure mileage, time of day, roadways and risky driving behaviors - giving them a complete picture of every trip and allowing them to segment high-risk vs low-risk customers easily. CMT has a proven track record of changing driver behavior: an average reduction of 35% in phone distraction, 20% in hard braking, and 20% in at-risk speeding all within 30 days of using the program. With DriveWell, users become safer drivers, resulting in fewer crashes and less-costly claims. The average user sustains a 25% reduction in phone usage even after 200 days, and some CMTs insurance partners report as much as 47% reduction in total claims costs, based on studies of more than 100,000 drivers.
Genus Software Inc is a Cupertino, CA-based company in the Software and Internet sector.
Mastercard Incorporated is an American multinational financial services corporation headquartered in the Mastercard International Global Headquarters in Purchase, New York, United States.
Seeing a gap in the marketplace, we sought to simplify complex operations for higher education. Knowing that institutions have major concerns regarding compliance adherence, and are plagued with paper, antiquated systems, difficult workflows, rising costs, and changing education models—we knew it had to make a difference in helping schools and students get enrolled, financed, and employed. The inspiration to create a SaaS-based technology solution came from the realization that there were no other options available in the marketplace, especially in the areas of enrollment and student finance. Thus, Education Partners was born and the mission to simplify the complex began. At Education Partners, we intend to simplify and standardize complex operations while removing risk one department at a time. Our SaaS-based technology solution addresses enrollment—in particular—admissions and financial aid as they are two of the areas that tend to be document, compliance, and process intensive. In short, we are committed to provide SaaS-based technology solutions that fundamentally change the relationships, experiences, and ultimately outcomes between students, schools, and employers.