Powered by the DriveSync Connected Car Platform
Many of the top insurers have introduced insurance telematics programs that offer similar rate discounts based on safer driver behavior. What if there was a way to open up new streams of revenue by offering differentiated programs and services to policyholders? And, for insurers already providing Usage-based Insurance (UBI) programs, fresh options to expand current programs to untapped market segments? IMS Young Drivers Intelligence provides auto insurers with an opportunity to generate new revenue streams through a differentiated offering that promotes safety and education among new drivers. Powered by the DriveSync connected car platform, insurers have the ability to run driver coaching programs independently or alongside UBI programs – all working with one vendor and one platform. This innovative solution helps motivate an ongoing discussion between parents and new drivers using the family vehicle. Parents get insight into driver behavior, and young drivers get coaching to be safer and smarter on the road.
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