ridewise is a Pay-How-You-Drive product for insurance companies and car manufacturers.
ridewise is the first solution to be offered as a full-service product and managed service.
Unlike other PHYD products, ridewise does not require any additional aftermarket devices.
The solution uses the data from the connected vehicle and optimizes it with data from the user’s smartphone.
Lean handling, cost-efficient for insurance companies, scalable for millions of connected cars.
ridewise: 360° full-service solution for smart vehicle insurance
Features
Time-to-market
Fast time to market by using existing data pipelines, no aftermarket hardware required
Scalability
Enables use in millions of vehicles right from the start
Brand consistency
Complete integration into the insurer's processes and look and feel
Transparent scoring
Support for multiple drivers per vehicle, detection of unrated journeys
Managed service
- 360°/full-service solution
- Integration with OEM data
- Integration with data from scoring providers and insurers
- Proactive SLA-based service monitoring, reporting and billing
- 2nd and 3rd level support, including end-to-end service management for all partners
- End-to-end security and maximum fraud prevention
- Lifecycle management
- Optional customer service (technical 1st level support)
Monetization and scalability
- Rapid market launch through the use of existing data pipelines
- High market coverage: enables application in millions of vehicles right from the start
- Increase in the monetizable data value
- Future-proof thanks to simple integration of additional data points and features
Seamless onboarding and high user-friendliness
- High user acceptance thanks to seamless user introduction
- No additional hardware installation or pairing required
- Complete integration into the insurer’s processes and look and feel
- White label: provision as a standalone app or as integration into the insurer’s app
Transparent, user-specific scoring
- Support for several drivers per vehicle
- High fraud prevention
- Detection of unevaluated journeys
- Full GDPR compliance through user-specific consent management