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| IVOX projects that personal line insurance carriers should be able to reduce claims by at least 20%. By reducing claims, staffing can be reduced in claims administration. |
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Reduce premium leakage: mileage, usage, commute, garaging, etc. |
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Avoid adverse risk selection and more precisely segment your risks. |
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Increase acceptance by state regulators and advocacy groups. |
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Provides a privacy firewall allowing for driver's personal GPS data to be collected and analyzed while maintaining the privacy and integrity of the customer's granular GPS and GIS data. |
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Provides the ability to "rate to the risk". |
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