Usage Based Insurance with the most innovative Pay How You Drive and risk prevention solution! O7Drive evaluates driving behavior, helping the underwriting teams to better assess risk, deploy personalized pricing, and radically improve their loss ratio and bottom-line profitability.
Take the next step today and incorporate O7Drive into your product portfolio strategy to ensure long-term growth and retention!
Start building your solution today!
SCORING FACTORS
Our sophisticated Scoring Model considers the following key factors to calculate the driving behaviour score:
- Speeding: Exceeding the speed limits
- Distraction: Mobile use while driving
- Braking: Harsh Brakes and Braking Aggressiveness
- Acceleration: Harsh Accelerations and Acceleration Aggressiveness
- Risky hours: Driving during night-time
- Trip Duration: Correlated with driver fatigue
- Road type: Urban, rural or motorway
PERSONALIZED PRICING
Offer your insurance customers fair and personalized pricing based on our robust scoring model that is validated with claims data of multinational insurers around the world. Gain access to rich data and valuable insights to price your policies competitively and win new customers while improving your loss ratio.
SUSTAINABLE AUTO INSURANCE
The future of safe and eco-mobility is here. We help insurers achieve their ESG targets by offering life-saving and eco-friendly products that create sustainable insurance and safer roads for everyone.
Help your customers manage their fuel expenses and better understand how their driving behavior affects their fuel consumption and CO2 emissions for every trip driven. Plus, tips and alerts help drivers adopt eco-driving behaviors, save on fuel, and reduce their environmental footprint.
A LIFE SAVING FEATURE
Following a Severe crash, it is crucial to expedite the emergency response for the rescue of drivers and passengers!
Our Severe Crash Detection is a safety feature that aims to provide drivers with immediate help especially in cases they cannot ask for help themselves. It detects car crashes from sensor data and provides insurers with real-time alerts to send immediate emergency assistance without any user action. Our detailed crash analytics accelerate the claims resolution process and minimize fraud.
Leverage our disruptive technology to save lives. Even a few minutes can make a difference!
PICK YOUR KIT
O7Drive comes into two flavors:
- SDK: Have an existing app? Embed our SDK into your app and enhance your value proposition with a world-class product.
- Branded App: There is no app in place? No worries, we will customize our white-label app based on your business needs and branding guidelines.
COMBINE WITH O7PLAY
You can combine O7Drive with O7Play to maximize user engagement and promote safe driving through coaching, gamification and rewards.
