Verisk is offering a new usage-based program for auto insurers. CSAA Insurance Group has started a new network that highlights environmental sustainability. American Modern has launched an augmented reality experience to educate agents on residential property solutions.
Verisk is offering auto insurers a new usage-based insurance product using connected car telemetry.
Discount Alert allows insurers to leverage historical, anonymized telemetry data from consenting drivers in the Verisk Data Exchange to identify target prospects through their own custom segmentation models. Discount Alert then delivers personalized insurance offers to target prospects through automakers’ mobile apps and online auto owners’ portals. These messages can be customized and can include the driver’s specific behavior-based discount.
“Discount Alert allows us to provide the benefits of our SmartRide program instantly at point of quote. It eliminates the need to wait to be rewarded for safe driving and makes participating in our telematics programs easy for the customer and agent,” said Josh Otis, product director at Nationwide, which is currently using Discount Alert for its SmartRide program.
CSAA Insurance Group, a AAA insurer, has launched a new network to recognize auto repair facilities that are committed to reducing their impact on the environment.
CSAA said that 33 auto repair facilities in California will be officially certified in the Green Repair Network by meeting or exceeding the program requirements, which include strict standards around emissions, pollutants, water and electricity usage, and the disposal of hazardous waste.
Specialty insurer American Modern has launched a new augmented reality (AR) experience for agents to learn about the company’s suite of residential products.
3DYes!, which is built on Facebook’s Spark AR technology, features a voiceover and on-screen instructions that guide the users through every step of the experience, so agents can easily engage via their smartphones or tablets. American Modern said the experience uses descriptive and interactive visuals and helps both new and tenured agents become more familiar with residential product differences so they can provide the best coverage guidance to customers.