USAGE-BASED INSURANCE (UBI)
Transforming Drive Into Your Advantage
Discover Scope’s Usage-Based Insurance (UBI) solutions, where cutting-edge telematics meets personalised insurance offerings. Our UBI solutions leverage real-time data to create more accurate and fair insurance premiums, enhancing driver safety and insurer-client relationships.
USAGE-BASED INSURANCE (UBI)
Transforming Drive Into Your Advantage
Discover Scope’s Usage-Based Insurance (UBI) solutions, where cutting-edge telematics meets personalised insurance offerings. Our UBI solutions leverage real-time data to create more accurate & fair insurance premiums, enhancing driver safety & insurer-client relationships.
Empowering Dynamic Engagement and Smarter Risk Management
Our solutions redefine client engagement and risk management. We enable insurers to develop premiums that resonate with individual driving patterns, significantly mitigating risk. This approach not only sharpens competitive edge in pricing and risk assessment but also deepens customer trust, fostering a culture of safety and proactive customer service.
Connected Insurance
Our connected solutions increase profitability by reducing risk, driving customer engagement, and reducing claims costs.
Improve your Portfolio
Attract safe drivers with up to 25% lower claims frequency.
The Scope platform and apps enable insurers to identify, attract and quickly onboard lower risk drivers. Scope’s LifeDrive app can even help you identify these drivers before point of quote.
Scope works with insurers to develop great customer experiences and increased engagement, to improve driving behaviour, and increase customer retention.
Improve Pricing Accuracy & Create Competitive Advantage
The pricing of risk becomes significantly more accurate, as driving behaviour is embedded within the pricing models, using Scope’s powerful analytics platform.
It provides pricing teams with effective tools for segmenting the portfolio by risk, and importantly, it empowers actuaries to test new ideas and create highly valuable intellectual property and competitive advantage.
Engage Customers, Improve Driving Behaviours & Increase Loyalty
Create compelling games and “hooks” which keep users engaged with the app and their driving scores.
Rewarding users for game wins and driving improvements with regular low value rewards massively incentivises significant improvements in driving behaviour, and drives increased customer loyalty.
Reduce Claims Costs
Scope’s crash management platform automatically detects crashes with a high degree of accuracy, providing insurers with instant notification and summary information, so that they can instantly grab control of the claim, provide customer assistance and steer the claim through their own network, thereby minimising costs.
In addition, the M-Claims platform provides detailed reconstruction of the crash, including 3D video, location and weather information etc, empowering the claims team to make fast decisions and significantly streamline the process.
Unrivalled flexibility, to perfectly fit your proposition, today & in the future
Scope’s usage based insurance solution fits around your desired customer proposition, not the other way round!
Our solutions comprise options of using fitted devices (e.g. black box, OBD), mobile apps and Auto OEM (“Connected Car”) data, or a combination of them, providing flexibility to design the perfect customer proposition, without compromises.
The addition of 3rd party data sets such as weather data, adds extra value to the customer proposition, and your risk calculation.
Some of Our Clients & Projects
Some of Our Clients & Projects
