Target The Best Drivers For Your Program
With the most innovative, scalable and flexible connected car platform available, Modus delivers actionable driver performance data that enables you to identify and characterize more accurate risk profiles, and improve pricing and profitability across your entire portfolio.
Smarter Acquisition and Retention
Modus provides the most reliable, predictive data available to target, attract and retain drivers with pricing based on how drivers actually drive.
We are Experts at Running UBI Programs
We will guide you each step of the way:
- Quality Assurance
- Dedicated Modus Account Manager
- Production Support
Published Benefits of Telematics Programs
- 30% loss ratio improvement
- Largest UBI underwriter in the US
- 15% improvement in combined ratio
- 43% improvement in lapse ratio
- 83% improvement in cross-selling ratio
- 20% drop in crashes involving young drivers
- Average claims up to 30% lower
- In general, telematics users have fewer serious accidents
- 20% reduction in collisions
- Up to 10% reduction in operating costs
- Up to 11% reduction in fuel consumption
- 66.4% reduction in annualized accident rate for damage claims
- 59% reduction in cost per vehicle for the damage claims
- 72.2% reduction in annualized accident rate for 3rd party claims
- 83.1% reduction in cost per vehicle for 3rd party claims
*Source: TowersWatson, “The Future Insurance Data and the Customer Relationship”, Connected Car Insurance USA 2016, Chicago
**Source: SOA Actuarial Seminar, Long Term, Auto, General Insurance; Seoul, South Korea; Nov. 16, 2015; David Dou, FCAS
Skilled in Operations & Logistics Since 2002
You’re connected car insurance solution is in expert hands:
- Extensive Quality Control Testing
- Program Management Tools
- Web Services Integration
- Highly Scalable Data Hosting
- Customized Analytics
- Key Performance Indicators
Flexible, Fast Implementation
With an instantly scalable cloud-based platform, open architecture and indefinite data maintenance, Modus is able to deploy your program quickly in multiple geographies simultaneously.
Crash Detection and Data
Get instant access to crash data that affects your bottom line.
What more could you ask for?
Don’t Just Take Our Word for It; Industry Experts Agree UBI Helps Insurers Target Safer & More Profitable Risks
Learn about Modus for Insurance
Discover how insurers rely on Modus to better understand their customers and portfolio, reduce overall risk, deliver more value, and incorporate actual behavioral data, ratings, and risk into pricing.