Break out of Market Conventions and Succeed in Usage-Based Insurance
Insurance telematics and usage-based insurance (UBI) programs continue to roll out across the globe. With a rapidly changing competitive landscape it’s increasingly difficult to select the correct business models to ensure success. In fact, many programs are starting to look alike – with a focus on price discounts resulting in an inevitable race to the bottom. With the entire industry moving in this direction, only a subset of companies will succeed. Your organization has an opportunity to stand out from the crowd. The key to success is a differentiated and targeted program. IMS UBI Intelligence enables auto insurers to create uniquely targeted programs based on your needs and objectives. Our solution is based on an agile, end-to-end platform that enables speed to market without sacrificing flexibility to create programs targeted at your policyholders.
IMS UBI Intelligence Components
For Auto Insurers
The tools you need to manage and administer a successful UBI program.
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Business Center
Program administration and reporting
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Enhanced Data Feeds
Actuarial Grading Score
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Customer Care & Support
Scalable customer support options available to support program growth
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Program Management & Support
Dedicated assistance with training, adoption and retention plans
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Logistics & Fulfilment Solutions
Operational assistance, including forward/reverse logistics, provisioning and enrolment
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Systems Integration
Seamless integration with external applications and corporate systems
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System & Data Management
Scalable IT architecture with data warehousing and security
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Insightful Analytics & Intuitive Interfaces
High quality intelligence and visualizations for insurers and end users
Why IMS UBI Intelligence?
IMS UBI Intelligence delivers on the promise of being the premier, most complete UBI solution, offering a one-stop shop for an insurer’s UBI needs – no additional suppliers or multiple partners to work with.
Our key differentiators
One-Stop Shop for Program Needs
IMS UBI Intelligence offers insurers a single source provider for all their UBI program needs, including hardware, logistics, support, secure data warehousing, data analytics, driver portals and more. No need to deal with multiple suppliers and partners.
Fully Customizable Solutions Without Sacrificing Speed to Market
IMS UBI Intelligence provides the best of both worlds: 1) a turnkey approach to improve time-to-market while also 2) being customizable to branding and program requirements.
Value-added Services for Future Revenue Opportunities
IMS UBI Intelligence is powered by DriveSync® – IMS’ connected car platform – providing insurers the ability to roll out future revenue-generating services to current customers. Examples of value-added services include: infotainment, roadside assistance, vehicle health and more.
Ability to Offer Differentiated and Segmented Programs
IMS UBI Intelligence provides solution options so insurers can create targeted, differentiated programs for specific audiences and geographies.
The Best UBI Experts in the Industry
Access to a team of subject matter experts with the experience and best practices developed by working with numerous insurers around the globe.
Flexible and Scalable Architecture
IMS’ award–winning technology services platform is future-proofed for years to come and offers an unmatched solution that will help ensure the success of your UBI program in today’s competitive marketplace.