Key advantages for your UBI auto insurance program

Driveway positions you to stand out in the usage based insurance market with a simple solution that overcomes all previous challenges and complexities. Our “unplugged” UBI business model sheds the weighty overhead and launch costs inherent to traditional OBD UBI programs. With our smartphone-based solution, you can quickly and cost-effectively reap the benefits of the emerging usage based auto insurance market.

Low cost of entry (NO hardware costs)
Instant app branding
Speed to market and easy to scale
No driver interaction required – completely non-intrusive
Intuitive safety scoring model
24/7 access to advanced analytics
Easy, free app download to policyholders’ iPhone and Android smartphones
Fun, engaging driver feedback
Already installed and tested with 170,000 drivers so you have control data to compare against
A friendly interactive conduit for providing customer value
Proven fourth-generation solution works with all U.S. wireless carriers
Fully customizable pilots and programs to meet each insurer’s needs

Usage Based Insurance Technology Spotlight – The Driveway Driver Signature

The smartphone is always along for the ride – whether your policyholders are driving their cars, riding in others’ cars or taking public transportation. How does the app differentiate between these activities? Differentiation is made possible by Driveway Driver Signature.

Before we get into the details of the Driver Signature, let’s first take a look at the technology behind the Driveway App. The Driveway App uses very rich data based on sensor fusion from 10 built-in sensors, triggering and empowering one another, facilitating advanced context recognition, accurate driving analysis and low battery usage. Sensor fusion is the combining of sensory data from multiple sensory sources in such a way that the resulting information is more accurate and meaningful than would be possible if these sources were used individually.

Over time, the Driveway platform gains familiarity with driver patterns and increases its ability to detect unusual behavior. Pattern recognition features include:

Driver signature: Driveway analyzes elements of driving such as average speed, routes, and time of day, over long periods of time to build patterns and identify who is driving.
Vehicle signature: Driveway analyzes environmental elements (e.g. Bluetooth signature) over longer periods of time to identify what car is being driven.
Public transportation: Driveway analyzes elements of driving such as average speed, routes, time of day, accelerating and braking patterns, and compares against known public transportation routes time to identify trips taken on public transportation including trains, buses and subways. While public transportation may seem like a big issue, because only a very small percentage of the U.S. population (roughly 5 percent) regularly uses public transportation, and a percentage of those people don’t own vehicles or purchase car insurance.