OKAYdriving presentation: PAYD / PHYD in a social gaming tool

1. OKAYdriving.com
Green & Safe Drivers
PAYD & Usage Based Insurance
Social Net & Cross-Selling Platform

2. Index
Auto Insurance Market: Bad Trends
Breaking Concept: PAYD/UBI personalized premiums
Downsizing Investment: Mobile Apps & Social Media

3. Bad Trends
Motor Insurance Market
Market Stagnation
Decline of Premiums
Volatileness

7. Breaking Concept
PAYD/UBI personalized premiums
PAYD versus UBI
Driver Selection
Customer Fidelity

8. PAYD / PHYD
Pay As You Drive / Pay How You Drive
Private market oriented
Premiums based on driving habits
Requires a driving certification
Telematic data needed
*
Medium level technology cost
Selection of low risk drivers
Cross-selling & Retention

9. UBI
Usage Based Insurance
Fleet market oriented
Premiums based on usage
Requires Fleet Management
Telematic data needed
*
High level technology cost
Risk & Fuel reduction
Eco training & Added Value
Services

10. Downsizing Investment
Mobile Apps & Social Media
Free Social Net for
Good Drivers
Free Mobile App for
telematic data
Amazing possibilities
for cross-selling &
retention

11. Free Mobile App
using Google Latitude
*
Sharing history
*
Location
Mileage
Partial Trips
Timetable
Usual Area
*
Double Checking Tools Privacy Level
* *
Mileage Counter Pictures Accuracy
Survey

14. Social
Gaming
*
Twitter
Facebook
In-Message
Uploads
Downloads