Over-regulation, changing customer behavior and new entrants: these market factors are forcing the industry to improve their systems and processes, and become nimbler.
Insurance companies and telematics service providers have an opportunity to integrate location intelligence into their services and significantly improve driver safety, claims management, risk quantification and more. HERE helps you stay ahead of the game.
Effective insights for efficient action
Accurate driver profiling
HERE Route Matching corrects errors in GPS traces and plots the most likely street segments driven. Our comprehensive range of road attributes, speed limit data and traffic flow information give accurate driver risk profiling for usage-based insurance.
Improve driver safety
Track drivers and monitor their driving behavior in real time through native iOS and Android applications. Our insights, real-time alerts and hazard warnings improve safety and reduce claim volumes.
Engage with customers
Our location-enriched apps promote engagement, increase customer retention rates, and create opportunities to cross-sell pay-as-you-drive and other branded services, allowing insurers to incentivize safer driving.
Cut claim costs
Our technology accurately displays the location of an accident and provides the first notification of loss and other risk data. This helps lower claims costs, reduces fraud, and enhances the claims process.
See how connectivity and ADAS are impacting the market.
Products related to Insurance
High-precision mapping of geo-coordinates and addresses
Precise, dynamic data to understand road conditions in real time
Advanced location algorithms for complex industry use cases
Make the switch
Differentiate and increase margin by enabling accurate risk assessment, better driver safety and reduced claim costs.