Close the insurance telematics performance gap so you can SURVIVE and THRIVE
Three next steps:
Driveway positions you to stand out in the insurance telematics 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 insurance telematics solution, you can quickly and cost-effectively reap the benefits of the emerging usage based auto insurance market.
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: