Why Shift to Commercial Insurance Telematics in 2025?
Commercial insurers are increasingly adopting telematics to address rising combined ratios and restore profitability. Traditional models are struggling to keep up, with worsening loss frequency and severity—often exacerbated by distracted driving.
As premiums continue to climb globally, commercial insurance rates are rising year-over-year, putting more pressure on businesses.
To cope with these rising costs, fleets are turning to higher deductibles, risk distribution strategies, and other cost-cutting measures. However, insurance telematics also known as connected insurance offers a smarter solution—providing actionable insights that help reduce losses, enhance driver safety, and create fairer, more sustainable premiums. In today’s competitive market, embracing telematics is no longer just an advantage; it’s essential for long-term success.
IMS Commercial Usage-Based Insurance Solution
IMS Commercial Usage-Based Insurance (CUBI) provides commercial lines insurers with the industry’s most comprehensive solution satisfying the needs of the insurer, fleet manager, and fleet driver alike. Commercial insurers finally have the proper tools to engage, retain, and assess fleet risk for improved pricing and rating and to help ensure a profitable book of business. Fleet managers have the ability to improve fleet driver behavior and realize cost savings at every stop along the way – all while paying the commercial premiums most accurately associated with their fleet risk. In turn, fleet drivers get regular real-time feedback and insights to continuously improve driving behavior and, appraise, and reward performance and safety.
IMS CUBI provides insurers with the ability to improve profits by encouraging safe and distraction-free driving behaviors. Studies conducted in the United States show a 20% reduction in fleet accidents when telematics monitoring is in place. In Europe, this number climbs to 28%.
Key features for insurers
Full Access to IMS Business Center
Equip your program teams with administrative data necessary to help better manage users, inform decision-making, and provide insights for measuring program and customer success
Data Feeds, Scoring and Analytics
Assess risk and price commercial fleet premiums accordingly (including Commercial Usage-Based Insurance). Improve insurance processes by using actionable data as inputs to improve risk and underwriting practices.
Future Proofed Technology
Powered by the IMS DriveSync® platform opening doors to additional value-added features, services and programs for your organization’s future needs
Key Benefits
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Foster safer fleet driving, reducing risks and enhancing safety
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Reduce claim costs
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Improve rating and pricing
Key Features – For Fleet Organizations
Flexible Data Collection Options
Using the industry’s leading data agnostic platform capable of working with any option, from smartphone apps, aftermarket hardware, and existing third-party fleet telematics devices.
Fleet Behavior Portal
Complete insights into fleet driving behavior to help reduce accidents and costly claims while avoiding risky behaviors that result in unsafe vehicle operation – while also lowering insurance costs.
Coaching and Feedback for Fleet Drivers
Provide driver coaching, insights, and feedback to encourage safer driving. Add rewards and incentives to encourage long-term safer driving practices.
Full Fleet Driving Behavior Insight
Increase operational efficiency and performance by reducing claim costs through data insight and driving behavior feedback. This encourages safer driving practices, minimalizes claims, and ensures a safer operating fleet on the road.
Learn more about IMS Commercial Usage-Based Insurance
Contact us to request for more information