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INSURANCE TELEMATICS
enables insurance carriers to develop new business models.
CONNECTED INSURANCE PROGRAMS
Are you ready?
Consumer are now aware and interested in connected insurance programs. The Covid pandemia, during which predicting models no longer apply, is making Telematics based Insurance programs even more attractive. AVMAP TELEMATICS can provide reliable hardware and smart applications to develop new connected Insurance business models.
PAYD
PAYDInsurance plan based on mileage (how much you drive). PAYD or Pay Per Use programs use telematics to identify precisely how much is driven. Insurers charge a very low base rate with a variable amount charged per usage. |
TELEMATICS MODEL
Telematics modelBehavior-Based Insurance with big upfront discount are essentially focused on price segmentation and risk assessment. |
try before you buy
Try Before you BuyUse Telematics data to get a score at the underwiriting stage to attract the best risks. A potential customer gets app and beacon, drives and his behavior is assessed in a few weeks of driving. He then receives a quotation based on data and driving score. |
REWARDS e CASH BACK
Rewards and cash backRewards for safe behaviors and services around the crash are customer priorities. The cash back earned is progressively showed to the customer on the app. e.g. A small discount for signing up and Up to 20-25% cash back every six months for everyday safe driving. |
THE WINNING VALUE PROPOSITION
Premium based on driving data
+ Value Added Services
= Additional fee
Great market growth is expected in Europe and United States, as drivers show readiness to switch to telematics-based insurances, and willingness to pay more for Safety as a service.
Only those who can innovate will be able to take advantage of these market opportunities. AvMap Telematics ecosystem helps car makers and Insurances in achieving best practices.
TELEMATICS BENEFITS FOR THE INSURER
Better and faster service
Better and faster serviceMore accurate crash data provided by AVMAP TELEMATICS lead to faster claim-to-resolution times. Claims will be done through dedicated Apps, or even automatically. |
MORE LOYAL USERS
More loyal customersSimplification of procedures, driving programs, rewards, gamification, are all methods to increase the loyalty of Insurance users. We can help Insurance carriers in developing the right APP for that. |
HIGHER MARGINS
Higher marginsThanks to our 4D ALGORITHMS, our Crash dectection is extremely accurate and our driving behaviour data very precise. By using these data, Insurers can promote responsible driving, and build efficient systems to select risks leading to an increase of their margins |
AVMAP TELEMATICS ECOSYSTEM
The one-stop partner for superior Telematics Services
With more than 3 decades of experience in GPS, satellite navigation and smart electronics production for the most diverse environments (terrestrial, marine, aeronautical, precision farming), AVMAP TELEMATICS is a trustworthy provider of Telematics solutions.
Thanks to our in-house R&D and production and a strong total in-sourcing strategy, we can provide to our B2B partners:
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Made in Italy HARDWARE
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Proprietary 4D Telematics ALGORITHMS
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A PLATFORM for safe data storage and analysis
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Value Added SERVICES and bespoke customer APPs
AVMAP TELEMATICS PLATFORM
A safe information service
In our vision, advanced Insurance services cannot rely uniquely on a smartphone. Full insurance services should be based on professionally installed hardware, independent from the user's smartphone, and a safe data transfer platform.
We provide Insurances with reliable hardware, that is at the same time easy to install, to avoid additional hidden costs. And while our products evolve, they always share the same communication protocol, providing data in the same format, which means less work for our partners.
Our Telematics devices collect data and send them directly to the insurance company server, with no use of data brokers and through a safe platform.
High security data transfer
High security data transfer
AVMAP TELEMATICS platform is penetration-proof having passed stringent safety tests in the automotive sector.
Management of big and meaningful data
Management of big data
Our platform handles big and meaningful data for easy storage and analysis.
Serving data for services
Serving data for services
AVMAP TELEMATICS platform cleanses and predispose data for services: insurance, Apps, data-analytics etc.
4D TELEMATICS ALGORITHMS
Our secret ingredient
Our proprietary 4D Telematics Algorithms come from three decades of experience in Avionics, this is why they are the only ones to have a 4-dimensional approach considering roll, yaw, pitch and time.
Their outstanstanding performance, certified by multiple tests by Hochschule Trier University, makes an enormous difference in precision in terms of:
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Calibration
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Crash Detection
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Driving Behaviour Analysis
DEVICES
Designed for incremental features
BEACONS
BEACONSThe low-cost approach to Telematics
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BLACKBOXES
BLACKBOXESReliable and flexible
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MULTI-FUNCTION BOXES
MULTI-FUNCTIONMore Value Added Services
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SAFETY AS A SERVICE
A better use of Telematics data
Creating more value from Telematics data is our challenge and the key for the future of Insurance services.
AVMAP TELEMATICS products and services are the perfect ally for Insurances that want to create new services and approaches.
sevices
Crash
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Parking
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Driving
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Maintenance
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Battery
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Connected
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Anti-theft |
Trip log |
Geofencing |
CUSTOMER APPS
A more engaging experience for your costumers
AVMAP TELEMATICS can design and develop customized mobile APPS where drivers can check their trip log, their statistics, find their vehicles, and even get maintenance alerts.
There are many possibilities, including geofencing and social sharing, choose your IOT strategy and let AVMAP TELEMATICS develop the right APP for you, while you stay in control of your data.
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Trip Log
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Statistics
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Alerts
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Where is my car?
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Social Sharing
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Geofencing
Let’s develop together your next Telematic Service
24H Assistance
“Working with AvMap is extremely convenient as they can provide the full solution,
and their 4D Algorithm shows a superior understanding of motorcycles behaviour.”
Fabio Colombo, Head of Telematics
24h ASSISTANCE