Beavar is dedicated to harnessing value from real-world data through the application of AI.

Our AI model specifically targets risk assessment in the transportation industry, focusing on insurance calculations and innovative methods for trading these risks. In the conventional insurance landscape, premiums for automobile risks are typically quoted well in advance, either bi-annually or annually. However, the factors influencing these risks undergo frequent changes, often on an hourly or daily basis. Moreover, the transactions giving rise to these risks are often of short duration, averaging around 30 minutes.

To address this dynamic landscape, Beavar equips Transportation Network Companies (TNCs), fleet managers, and insurance companies with tools for instantaneous, real-time risk evaluation and quotes. Additionally, we offer a unique method for trading these risks within an exchange-type environment. This approach aligns with the evolving nature of risk factors and transactions in the transportation industry, providing a more agile and responsive solution to the challenges posed by conventional insurance practices.