Raxel Telematics

Some of the first in the country the complete solution in the field of insurance telematics was proposed by specialists of Raxel Telematics. The equipment which accumulates data and transfers them to the centralized analytical system and also mobile application for the motorist enters a complex. Thanks to it the owner of the car can see the indicators and pay them more attention.

The company insurer receives scoring model which on the basis of the received data calculates risk level for each specific client and creates the fair personalized price offer. The packet includes consulting services on use of telematic data and creation of new insurance products.

RAXEL Telematics project

Practice of application

The way from the idea to a pilot project took less than a year, and in the spring of 2014 the solution entered the market. Possibilities of telematics from Raxel Telematics some of the first in the country were tested by clients of Uralsib insurance group. After a while the companies conducted joint survey of data retrieveds. It became clear, for example, that it is the most dangerous to drive the car at night – from 23 to 6 o'clock. At this time it is expensive 3 times more dangerous, than in the afternoon.

Exceeding of average speed on the city increases risk by only 20 km/h to get into accident half. And sharp accelerations, braking, evolutions and turns are the reason of every fifth road accident.

In Uralsib after the carried-out data analysis pay attention and to the annual run. It too is included now in the list of the indicators used when calculating cost of the policy. 25% of car owners from megalopolises pass annually up to 10 thousand km, and 15% – over 30 thousand km. The risk of road accident for machines with a big run increases twice.

Using the solution Raxel Telematics, specialists of insurance group developed the program of encouragement of accurate drivers: now clients can receive a 50% discount for the second payment of a comprehensive insurance.