Traditional automotive insurance premium rating is determined by owner information and vehicle information such as gender, age, district, vehicle type, vehicle price and accident history etc. But it does not consider who you drive, when you drive, where you drive, how you drive and how far you drive. The insurance premium rating is always same. Our insurance telematics solution provides professional driving behavior data statistics and analysis tool for insurance companies to figure out more accurate premium rating now.
Driving behavior: over speed, harsh acceleration, harsh deceleration, harsh turn, high revolution, revolution mismatch speed, long idling. Vehicle trace: query current location, play back historical trace, check real-time trace Anti-theft: set alarm, remove alarm.
|Vehicle trace||Check current location, historical trace at one time, and detailed trace data.|
|Anti-theft||When vehicle is illegally started or obviously vibrating, system will generate alert immediately.|
|Repair and maintenance||System records maintenance items, time and mileage, and remind driver by smart phone to repair and maintain vehicle in time. This can reduce vehicle fault rate much.|
Driving behavior grading
System will collect driver's various driving data including over speed, harsh acceleration, harsh deceleration, harsh turn, harsh driving, seat belt, driving hours and mileage etc. Insurance companies can establish driving safety level scoring model according to these data. The safe driver will get bigger discount. The danger driver will pay higher premium.
Actuary model optimizing
Traditional automotive insurance premium rating only considers driver information and vehicle information such as gender, age, district, vehicle type, vehicle price and accident history etc. Our solution will help insurance companies to know who you drive, when you drive, where you drive, how you drive and how far you drive. Insurance companies can optimize premium rating actuarial model.
Accident investigation evidence
System will record who drive, where accident happen, when accident happen. Insurance companies can discriminate false insurance claims when one customer declares his car has been stolen or impacted.
System will record all customer's premiums and claims information. Insurance companies can send bill to customers and remind them to renew premium in time
When vehicle rolls over or encounters an impact, system will generate alarm. Insurance company can receive accident information and provide emergent rescue.
Preventive Maintenance Alerts
Our comprehensive preventive maintenance alerts will send maintenance information and repair vehicles in time to avoid serious fault.
After using our insurance telematics products, customers' vehicle theft risk has decreased by 50%. The safety level of driving has greatly increased, also customers start to use insurance and maintenance reminding service.
After using our insurance telematics solution, insurance companies can reduce many false claims cases, find better customers, and establish close relations with customers. They will have better return on investment and stronger competitive power than rivals.