USAGE BASED INSURANCE (UBI)

Pay as you drive

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Usage Based Insurance (UBI)

 

UBI Solutions UBI solutions for insurance companies are becoming an important factor of insurance telematics as they enable more efficient monitoring of driving behavior and allow for charging an insurance premium according to the actual use of vehicles. This revolutionary model would allow insurers to reap significant benefits in terms of:

 

  Increased flexibility of auto insurance plans

  Reduction in losses from theft

  Unprecedented control over damage claims

 

Our efforts are tailored to the specific needs of the insurers and take into account the specifics of the local market.

 

Viasat Technology ’s Strength and Reach

Viasat Technology has developed a proprietary pay-as-you-drive (PAYD) solution in cooperation with Telekom Austria Group M2M. Our state-of-the-art products and services enable strong cost efficiency and high quality. We have assembled a team of professionals with extensive experience and expertise in the telematics services field.

UBI & VALUE ADDED SERVICES

 

Precise and objective real-time information about how the insured vehicles are being used by the clients
CLIENT BENEFITS FROM FLEET MANAGEMENT SERVICES
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Cost reductions

 

Reduction in transportation costs

Control of fuel consumption and mileage

Control of vehicle route compliance

Reduction in misuse of vehicles

Reduction in downtime and excess mileage

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Security

 

Increasing driver and passenger security

Increasing vehicle, load, and equipment security

Locating of stolen vehicle

Instant alarm to control centers and PSAPs in case of danger

Theft prevention

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Safety

 

Real-time information on vehicle location and technical status

Improving driver behavior

Reduction of speed law violations

Reduction of damages

Reduction of traffic accidents

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EFFICIENCY

 

Separating business from personal usage of vehicles

Objective information on mileage and site visits

Various statistical reports

Improving compliance and work discipline

Transparency in client business relations

Brochure for UBI


Download UBI brochure and find more about our product:

"Usage Based Insurance"
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