Trip Sensitive Insurance

Individual premiums for car insurance – made possible by the innovative geographical positioning technology from T-Systems.

The trend towards more risk selection in insurance companies is also supported by rapid developments in telematics: thanks to modern geographical positioning technology, car drivers can now be insured individually according to their driving behavior – according to their very own personal risk. An attractive model for policyholders as well: this is the first opportunity for them to directly influence their own premium which up until now has been mainly static.

T-Systems provides the necessary infrastructure for the pay-as-you-move principle: an on-board-unit (OBU) registers location and movement data via a global positioning system (GPS), analyzes the data and transmits it at regular intervals to a computer center via the cellular phone network. From here it is available to the insurance company for risk calculation. All data transfer channels used for this are of course protected against misuse.

Innovative technology gives you the competitive edge

With the introduction of behavior and distance related rates, insurance companies can get ahead of the competition in a highly competitive market. The fact that the policyholder participates in the system increases his interest in behaving in a low-risk manner thus reducing his willingness to change to a rival company. But these are only some of the advantages of the trip-sensitive insurance technology offered by T-Systems. Contact us and find out more about the full potential of our solution!