Through analysing driver behaviour, Trakm8 helps insurance companies to build accurate risk profiles for policyholders. Thanks to deep connectivity with the vehicle, our hardware can analyse higher-risk driver behaviours such as speeding, heavy acceleration, harsh braking, and sharp cornering. Sophisticated algorithms convert this data into a percentage driver score, enabling insurers to quickly identify poor drivers.
Where required, we can also provide policyholders with a mobile app enabling them to see their own driver scores, view journeys and review any instances of bad driving. By providing drivers with insight as to how their driving is affecting their premium, we enable them to improve specific aspects in order to reduce their risk profile. You can even incentivise lower-risk drivers with rewards for safer driving styles.
Our bespoke solutions can be tailored to an insurer’s needs, for example through the offering of tips to improve driver behaviour; providing data in the event of an accident; or first notification of loss.
Find out how your business can benefit from our telematics insurance driver behaviour solutions today. Contact us by completing the form below or calling us on +44 (0) 330 311 5157.