Trakm8, the recognised leader in technology solutions for insurance telematics, connected car data and fleet management, has commissioned a new national driver survey to gain insights into how drivers purchase insurance and what they expect from future policies.
The survey highlighted that nearly a third (30%) of drivers want a crash detection (FNOL) solution and 33% want vehicle insights with their next insurer.
The survey went on to show what types of vehicle insights and notifications drivers would like insurers to provide with tyre pressure being the most popular with 42% of drivers requesting this followed by battery health (38%) and then parts replacement alerts at 37%. This extensive survey shows a huge shift in driver attitude towards sharing driving and vehicle data with over a third (37%) requesting driving score information with their next policy.
Trakm8 recently launched a portfolio of enhanced ‘connectedcare’ solutions that work alongside their driver data analytics to give insurers detailed insights into their customer’s vehicles, enabling them to further understand and manage individual risk profiles. These connected services can also be offered to policyholders through Trakm8’s market-leading driver app that offers driver scores, data and incident reports, FNOL solutions and much more.
Adam Gooch, Managing Director for Insurance at Trakm8, added, “At Trakm8 we are making connected car data services part of insurance solutions and this national driver survey gives us real insights into what policyholders in the UK want and expect from insurers.
Our enhanced ‘connectedcare’ insights are part of our comprehensive end-to-end insurance telematics solutions that are designed to give insurers an easy and comprehensive solution to offer Pay as You Drive (PAYD) and Usage Based Insurance (UBI) policies as part of their portfolio.”