INSURANCE TELEMATICS - Vehicle Tracking & Fleet … TELEMATICS “IMPROVES RISK PROFILE ....

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INSURANCE TELEMATICS “IMPROVES RISK PROFILE MANAGEMENT” “ENABLES BETTER COST MANAGEMENT” Ctrack’s Insurance Telematics Solution can benefit you. WANT INSIGHTS INTO YOUR CLIENTS’ DRIVING BEHAVIOUR? “INCREASES REVENUE OPPORTUNITIES” “PROVIDES REAL-TIME RISK VISIBILITY”

Transcript of INSURANCE TELEMATICS - Vehicle Tracking & Fleet … TELEMATICS “IMPROVES RISK PROFILE ....

Page 1: INSURANCE TELEMATICS - Vehicle Tracking & Fleet … TELEMATICS “IMPROVES RISK PROFILE . MANAGEMENT” “ENABLES BETTER COST . MANAGEMENT” Ctrack’s Insurance Telematics Solution

INSURANCE TELEMATICS

“IMPROVES RISK PROFILE

MANAGEMENT”

“ENABLES BETTER COST

MANAGEMENT”

Ctrack’s Insurance Telematics Solution can benefit you.

WANT INSIGHTS INTO YOUR CLIENTS’ DRIVING BEHAVIOUR?

“INCREASES REVENUE

OPPORTUNITIES”

“PROVIDESREAL-TIME RISK

VISIBILITY”

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NOW ALL INSURERS CAN OFFER MORE VALUE.

Big data analytics is fast becoming the enabler to not only comprehensively understand the insurance business, but also to actively address both top line growth opportunities as well as bottom line risk and cost management challenges.

Better risk understanding, monitoring and ongoing management directly leads to better growth and more effective responses in any operation.

THE CHALLENGE

In today’s world where customers expect a handful of value added services as standard, making your insurance offering more attractive and competitive is a real challenge. Most people are looking for lifestyle rewards, vehicle tracking features, and more. And if you can’t deliver, they’ll find an insurer that can.

Should you manage to convince them to become clients, you’re faced with further challenges like not knowing the kind of drivers you’re insuring. This makes it difficult if not impossible to establish accurate risk profiles.

Rich contextual confirmation of vehicle usage remains a key enabler for actuaries to effectively calculate risk models. Without access to this valuable driving behaviour data, your risk management practices are sure to be unsuccessful.

Furthermore, weeding out fraudulent claims can prove difficult when all you have is the insured’s account of what happened.

Introducing Ctrack’s Insurance Telematics Solution.

DRIVER BEHAVIOUR

MONITORING

DRIVER DETECTION

LIFESTYLE SERVICES

RISK RATING ENGINE

REWARDS PROGRAMME

VEHICLE CLAIM RECONSTRUCTION

INCIDENT VERIFICATION

INSURANCE TELEMATICS

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THE CTRACK INSURANCE TELEMATICS SOLUTION

Utilising an ecosystem of intelligent mechanisms, the Ctrack Insurance Telematics offering has been developed with and for the insurance industry – giving you full access to an extensive set of high frequency telematics data harvested from the vehicle and mobile device environments.

Ctrack’s effective and transparent driving behaviour data, analysis and monitoring solution enables insurers to gain mathematically sound insight into driver’s driving behaviour at all times. This provides a platform from which to launch all manner of value added services, whether it’s a driver improvement programme or rewards system.

Just imagine how knowing the driving behaviour of your clients could positively influence the way you do business – allowing you invaluable insight when establishing risk profiles or processing insurance claims. With Ctrack Insurance Telematics, this power is now available to anyone in the insurance industry.

So whether you’re an insurer, underwriter or other risk co-owner, Ctrack’s Insurance Telematics Solution can assist in providing your clients with the best product offering.

THE SOLUTION INCLUDES:

• Ctrack Vehicle Tracking• Stolen Vehicle Recovery• Driver Behaviour Monitoring• Real-time Theft and Hi-jacking Detection• Web-based Tracking Applications• Emergency, Medical and Roadside Assistance

BENEFITS

“IMPROVES RISK PROFILE MANAGEMENT”

“INCREASES REVENUE OPPORTUNITIES”

“ENABLES BETTER COST MANAGEMENT”

“PROVIDES REAL-TIME RISK VISIBILITY”

INSURANCE TELEMATICS

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www.ctrack.comAlways Visible

Inseego Corp. is a leading global provider of software-as-a-service (SaaS) and solutions for the Internet of Things (IoT). The company sells its telematics solutions under the Ctrack brand, including its fleet management, asset tracking and monitoring, stolen vehicle recovery, and usage-based insurance platforms.

www.ctrack.com