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Usage Based Insurance for Indian Motor Insurer1-10 Employees
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Usage Based Insurance for Indian Motor Insurer
Vision

Provide incentives for behavior that prevents losses, thereby generating value for insurers and consumer throughout the policy year to make insurance more of a proactive, prevention-driven engagement, rather than a reactive, price-driven commodity, that create value for both insurers and consumer while engendering greater loyalty come renewal time.

Overview

ICareU is an innovative cloud platform to provide an end-to-end Usage Based Insurance Solution to an Indian Motor Insurance Companies to adopt and implement a cost effective Insurance service to their customers.

ICareU is a highly secured cloud based UBI Platform to connect GPS/OBD devices with Vehicles, managing and analyzing driving data, providing BI analytical reports and forecasting the total CarePoints scored by the vehicle to the insurers. Based on the CarePoints’ loyalty score, the insurer can provide competitive advantage across the full insurance value chain to their customer during the renewal period.
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Muthu
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IT Expert and Founder of more than 3 IT companies and Founder of 2 NGO. Member of M2M Working Group at Telecommunication Engineering Center, Editor at IEEE Bgl
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