Turning smartphones into mobile telematics devices, TCS Insurance Telematics Solution facilitates usage-based insurance practices that closely align consumer driving patterns with auto insurance premiums. Consumers can track driving habits and adopt safe behaviors that save money. By leveraging telematics data for underwriting and actuarial processes, insurers can segment customers based on risk score, perform lifetime value analysis and, ultimately optimize product pricing and strategy.
This story is related to the following:Insurance Software |