OCTO Telematics launches Digital DriverTM Try Before You Buy
ROME, Sept. 21, 2023 (GLOBE NEWSWIRE) -- OCTO announces the launch of the Digital Driver™ Try Before You Buy solution, available through an App dedicated to drivers and designed to encourage a more objective risk assessment based on driving style. The exclusive monitoring features of Try Before You Buy allows the insurance company to accurately define customer pricing through a more transparent relationship based on actual driving behaviour data, that goes far beyond the traditional use of demographic factors.
- The solution allows for a fully digital and interactive approach that increases customer loyalty and rewards good driving styles.
- ROME, Sept. 21, 2023 (GLOBE NEWSWIRE) -- OCTO announces the launch of the Digital Driver™ Try Before You Buy solution, available through an App dedicated to drivers and designed to encourage a more objective risk assessment based on driving style.
- With Digital Driver™ Try Before You Buy, insurance companies can pre-select potential customers with a high willingness to use telematics, streamline the onboarding process, better manage policy holders, as well as increase portfolio profitability through risk forecasting capabilities.
- “Try Before You Buy is a telematics solution that effectively meet the needs of both underwriter and insurance customers.