Attract safety conscious customers
Gather data to correlate various driving parameters to claims
Understand events that occurred before, during and after accident
Customizable dashboards and reports to analyse driving persona
Supports UBI Business Models - PAYD, PHYD & MHYD
Driving score to enhance driver's safety performance
For an Insurance company, AutoWiz Platform enables you to easily support various UBI models including Pay-as-you drive (PAYD), Pay-how-you-drive (PHYD) and Manage how you Drive (MHYD).
Platform enables analyzing telematics data based on variety of modeling parameters including:
AutoWiz Driver Safety Score captures Driver's performance on safety. Score is comparable across trips for a driver to monitor change in driving behavior. It is also comparable across drivers to rank driver performance.
Score take into account real telematics big data. As opposed to dealing with only summarized statistics, AutoWiz classifies each time instance of driving, by taking into account how driving behavior impacts key telekinetic metrics such as speeding, hard acceleration, sudden braking and fast cornering. Also, the score takes into account Driving Context such as highway vs city like driving conditions.
AutoWiz offers automatic detection of accident and direction of impact. Solution uses built-in accelerometer, gyroscope in telematics devices and Platform based analytics to detect accident, its severity and direction of impact.
Accident information is sent in real time to Insurer which can be used for providing emergency assistance service
and enabling mobile based FNOL.
Detailed Accident scene reconstruction report for Insurer to understand events that occurred before, during and after accident
AutoWiz cloud based customizable dashboards and analytical reports for Insurers enable underwriting and information management teams to easily visualize aggregated data to decipher trends and segment customers based on their risk profile.
In addition to performing aggregate analytics, dashboard allows one to drill down to individual customer level data to see and understand driving persona.