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Todd Hodnett
Executive Chairman & Founder at Drn Data
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Work Experience
Executive Chairman & Founder
Present
Company Details
51-200 Employees
DRN Data provides industry-leading License Plate Recognition (LPR) Data and Analytics solutions, uncovering vehicle location insights for lending, collections, repossession, investigations, auto recalls, and fraud prevention. With the most extensive LPR data coverage in the U.S., DRN Data processes nearly 300 million monthly LPR scans combined with public records data to deliver actionable intelligence for timely and impactful decision-making. Auto Finance: DRN helps lenders improve their collections and recovery efforts, leading to better portfolio returns. It enables lenders to boost right party contact on up to 30% of delinquent accounts and make more compliant recoveries. Auto Recovery: DRN's vehicle location data revolutionizes auto recovery, helping lenders recover up to 35% more vehicles and reducing days to recover by up to 50%. Auto Insurance: Insurance carriers fight fraud and rate evasion with solutions powered by DRN’s vehicle location data and analytics. At underwriting, renewals and claims, DRN provides carriers data insights they can’t get anywhere else, insights that are changing the way they investigate claims and rate commercial and personal policies. Privacy and Compliance: DRN maintains the strictest privacy, compliance, and data breach standards and legislation that are currently enforced by both government entities and the financial services industry.
Year Founded
2009
Social Media
LinkedinTwitter
Industry
Technology, Information and Internet, IT Services and IT Consulting
HQ Location
4150 International Plaza Fort Worth, TX 76109, US
Keywords
License Plate Recognition TechnologyLPR DatabaseVehicle Location ServicesRepossessioFraud PreventioLender RecoveryInvestigationsCrime Preventio
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