Providing the proven tools you need to engage users to make your telematics proposition work – where policyholders and insurers both win!
It is a known fact that the top insurers globally have insurance telematics and UBI programs in-market – often competing for the same book of drivers. As a result, the race is on for insurers to generate the most ROI – the end outcome meaning some programs will either be winners or losers in the process.
Across the industry, many current in-market insurance telematics programs are not providing enough regular user engagement to drive the necessary behavioral modification that will lower your claims loss ratio – a challenge that has quickly escalated across the industry as the biggest obstacle yet to overcome! With the cost to retain new policyholders significantly less than the cost of acquisition, there is a tremendous missed opportunity to prevent revenue and profitability leakage.
Does your insurance telematics program drive the necessary on-going behavioral modification that results in lower claims costs, double-digit COR improvements, on-going customer retention and better overall revenue and profit for your business?
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