Sensomatix · raw details

Sensomatix is the leading provider of Safety Scoring services for the usage based auto insurance industry. With Sensomatix, insurers can link premiums to actual driving risk rewarding policyholders for safe driving behavior while increasing market share and profits. Safety Scoring is powered by Driving DNA , the companys state-of-the-art predictive risk analysis platform. Driving DNA is designed to analyze and rate driving risk based on a wide range of telematics data together with geographical (GIS), weather, and traffic information. Using mathematical algorithms, Driving DNA identifies the unique signatures that characterize driving behavior. It then uses actuarial modeling to provide insurers with a risk index based on each individuals driving style. Safety Scoring is the most cost-effective and low-risk route to a usage based insurance offering (pay as you drive). With hosted services and turnkey solutions for both commercial and personal lines, Sensomatix empowers insurers to launch compelling programs that increase market share, retain low-risk customers, and consistently reduce loss ratios and expense ratios.