Lower insurance premiums through risk management strategies
Reduce Insurance Premiums
Stolen Vehicle Recovery
Why Insurance Telematics?
Insurance telematics provides the means for both the insurer and the fleet operator to manage driver behaviour for the better, and in turn, dramatically reduce loss ratios as a result of accidents.
Using Cartrack’s Insurance Telematics technology, drivers are assessed based on many key driving habits and behaviours, including:
- The specific time of day that drivers are on the road
- The amount of kilometres driven in a month
- The high-risk areas that vehicles are predominantly driven or parked in
- Driver specific elements such as speeding, sharp cornering and harsh braking, which increases the driver’s risk profile
How Insurance Telematics Works
|Mitigate losses on motor vehicle claims||•Re-enactment of accidents|
•Stolen Vehicle Recovery
|Manage high-risk clients|
|Communicate and capture legitimate data on driver behaviour||•Aggressive Driving|
•Usage (driving hours)
|Enrich their auto insurance value proposition by adding services built upon data provided by telematics.|
|Represent a way of de-commoditising the car insurance policy|
|In the medium/long term, this characteristic will become more and more important owing to the de-risking trend in the Motor Third Party Liability business, and due to the technical progress relating to security and connected cars.|
Our Products Are Developed In-house
Cartrack is the only company that develops its intelligent and innovative tracking devices in-house, and whose tracking devices are still effectively functional eight years after installation.
Lifetime Access to Software Upgrades
Lifetime Customer Service Support
Lifetime Warranty on Hardware
"Thank you for your outstanding service and quick response. Thank you for being such a star, and making it a real pleasure to deal with you"