Usage-Based SmartPhone / Tablet Protection for Partners

Win Over Your Customers

The insurance industry has traditionally been a one priced fits all model, where both “good” users and “bad” users paid the same price. We never thought that was fair, and wanted to do something about it.

With the introduction of our usage-based pricing model, "good" users will receive a reward on the merits of their risk profile. The type of reward can vary depending on the program and recent industry research clearly shows that customers who purchase usage-based coverage report higher than average satisfaction scores and tend to stay with a company longer.

By looking at the success of usage-based insurance in the auto industry as a guide, the usage-based approach will clearly apply to mobile devices and perhaps find complementary uses with other insurance offerings.

Establishing a Risk Profile

Using Artificial Intelligence (AI) and Machine Learning (ML), customers who opt-in agree to share unique data that helps us identify their risk for an upcoming claim. We have developed patented data collection techniques that provide critical information used by the AI engine to predict user risk and then react by making a calculated reward offer to the customer.

Disruptive Insights

As we uncover risk profiles we can not only apply rewards based on new insights, new advantages are identified. From the customer standpoint, we can educate higher risk customers on how positive changes can save money, helping them to reduce costs while lowering claim rates.

Behind the scenes, we can utilize AI/ML technology to project the timing and amount of future costs and how that relates to user profiles, demographics and much more.

Flexible Integration

Beginning with no code options that can get you off the ground the same day all the way to white label solutions we can help. We will work with you to find the best way to plug it into your process to delight your customer base.