The Optimal Solution For Insurtech Transformation

Usage-based Insurance not only increase insurance companies' turnover but also reduces labor expenses in the process of car accident handling, hardware devices actively detect vehicle collisions, record accident footage as a piece of evidence for claim settlements, lowering claim disputes and issues.

According to the Global Market Insights report on industry analysis, in 2018, there are approximately 25 million active UBI policies on the market, where the U.S. has the most with about 8 million. There are 8 million vehicles in the Taiwan market, we believe the potential for the UBI market will become more and more popular, leading Taiwan's insurance industry into an international scope.

The past UBI product only collects driving mileage as a single pricing factor, premium pricing measurement is not individualized and customized, our hardware devices collect up to 20 kinds of driving data, such as rapid acceleration, hard braking, driving hours and so on, policyholders pay how their drive.

By applying our advanced technology and models, provide policyholders driving assistance, recording, calling, and such additional functions, also premium rates reduction, fuel-saving models, risk management services, effectively improve customer retention and relationship.