Smartphone Based Usage Based Insurance (UBI) Solution
Sasken Solution
Scope
- Development of end-to-end solution including smartphone client, telematics platform and portal to collect, analyze and record driving patterns and score drivers.
Solution
- Enables usage of a smart phone sensors to collect driving data
- Uses statistical methods – smoothing, low pass filters, noise reduction for event detection (hard braking, hard acceleration, cornering) and scoring
- Supports Telematics data platform and portal
- Integrated with underwriter systems
- Overall dashboard for all registered drivers
- Score and trip reporting for recorded trips
- Recording of trip parameters of hard barking, hard acceleration, cornering, etc.
Impact
- Helps the insurance carriers to better assess the risk of the drivers
- Cost effective, eliminates the need for a hardware OBD dongle
