Based on the popular request from current mobile app customers, Jarus is pleased to introduce the Telematics feature to its suite of property and casualty mobile apps.
Using the feedback from these apps, the policyholders are able to periodically monitor and improve their driving behavior. Insurers can use the results to understand and assess risks, make pricing decisions and to offer discounts to policyholders with good driving behavior.
“We are excited to add the telematics feature and advanced analytics to our suite of mobile solutions”, said Sundar Vallinayagam, CEO of Jarus technologies. “By leveraging the built-in sensors that are readily available on the smartphones, we are able to capture high-fidelity data without the need to rely on aftermarket hardware devices, at a fraction of the cost”.
The telematics feature also provides sophisticated algorithms and advanced trip analytics to identify events such as excessive acceleration, speeding, hard braking and cornering, and to compute metrics based on the captured data. These metrics then assist policyholders in improving their driving behavior, which in turn directly benefits insurers in minimizing their claims related expenses. As insurers move toward Usage Based Insurance (UBI), the information gleaned from the trip analytics will become increasingly more valuable.
Please visit Telematucs for additional information on Jarus’ new Telematics solution.
Jarus Technologies is a leader in new business and policy administration solutions benefiting insurance carriers. Since its inception Jarus has brought to market innovative products in the areas of Policy Administration, Mobile applications for Insurance, Selfservice portals and several application frameworks. In addition, Jarus has implemented a number of award winning custom solutions for its customers. Jarus is headquartered in Pittsburgh, Pennsylvania.
Please visit www.jarustech.com for more information about Jarus.
For additional information, please contact:
681 Andersen Drive
Pittsburgh, PA 15220