AutoFacets insurance solutions empower auto insurance professionals to offer the right product, at the right price, at the right time, while integrating telematics generated data, analyzing driving patterns and product personalization in insurance. These solutions help auto insurers in
- Dynamic Pricing, Rating, and Product Personalization
- Simplifying the Auto Insurance Rating Process
- Easy Personalization of Auto Insurance Products
Insurance Calculator
An instant insurance quote generator customised to the customer requirement with an interactive digital interface and optimized process
Benefits:
- Instant quote generation
- Improved overall digital customer journey
- Better customer engagement
- Quick estimates
Partner System integration
Our system integrates with your preferred damage repair partners which enables the users to directly upload the pictures of the damage. The request is then sent to all damage repair partners for their quotations.
Benefits:
- Paperless process
- Higher efficiency & better resource management
- Mobile app supports both iOS and Android
Telematics integration
AutoFacets offers OBD compliant telematics integration that can access the OBD data and present it in a visually appealing manner for a more personalized experience.
Benefits:
- Gain meaningful insights through various KPI
- Simplified vehicle diagnostics
Contract Management
Our meticulously engineered system can modify the storage and manage mass contracts to ensure that the documents are aligned as per need hence, reducing administrative time.
Benefits:
- Faster Administrative process
- Structured Management of document
- Ability for Mass updation at once
Split Insurance
In scenarios where a single asset is shared between multiple stakeholders, we help divide the insurance as per the usage of the individual owner. It is also applicable for multi-vendor multi-model vehicles.
Benefits:
- Better insight on individual usage
- Reducing the cost burden on the end-user
- Multi-Modal insurance
Blockchain
Blockchain is becoming an efficient alternative in the car maintenance life cycle which involves multiple automotive ecosystem participants such as the manufacturer, spare part vendors, independent garages, repair centres and the customer.
Benefits:
- Personalised customer experience
- Higher transparency within the partners
- Gathers accurate data for used cars
Usage Based Insurance Solution
A connected car insurance solutions built to attract new customers, while engaging and retaining current policy holders. With flexible connected car platform available, this solution delivers actionable driver performance data that enables you to identify and characterize more accurate risk profiles, and improve pricing and profitability across your entire portfolio.
Benefits:
- Differentiate the brand and customer delight with leading technology
- Reinforce and incentivize good driving behavior to reduce portfolio risk
- Portfolio insights and better understanding of risk