O7Drive redefines auto insurance by providing an innovative Usage Based Insurance (UBI) and risk prevention solution. It leverages advanced telematics to evaluate driving behavior, enabling underwriting teams to more accurately assess risk, deploy personalized pricing strategies, and significantly improve their loss ratio and overall profitability. This solution helps insurers achieve long-term growth and customer retention by offering fair and personalized pricing based on a robust scoring model, validated with claims data from multinational insurers globally. It provides access to rich data and valuable insights, allowing insurers to price policies competitively and attract new customers. Beyond financial benefits, O7Drive supports sustainable auto insurance and eco-mobility goals. It assists insurers in meeting ESG targets by offering products that promote safer roads and eco-friendly driving. The system helps customers understand how their driving behavior impacts fuel consumption and CO2 emissions, providing tips and alerts for adopting eco-driving habits, saving fuel, and reducing environmental footprints. A critical life-saving feature is Severe Crash Detection, which uses sensor data to identify car crashes and send real-time alerts to insurers, ensuring immediate emergency assistance without user action. This feature also provides detailed crash analytics to accelerate claims resolution and minimize fraud. O7Drive offers flexible deployment options: an SDK for integration into existing mobile applications, or a customizable white-label Branded App for businesses without an existing solution. It can also be combined with O7Play to maximize user engagement and promote safe driving through coaching, gamification, and rewards.

Features & Benefits

• Driving Behavior Scoring
  • Utilizes a sophisticated scoring model to calculate driving behavior scores.
  • Speeding: Exceeding speed limits
  • Distraction: Mobile use while driving
  • Braking: Harsh brakes and braking aggressiveness
  • Acceleration: Harsh accelerations and acceleration aggressiveness
  • Risky hours: Driving during night-time
  • Trip Duration: Correlated with driver fatigue
  • Road type: Urban, rural or motorway
• Personalized Pricing Model
  • Offers fair and personalized insurance pricing based on robust, claims-validated driving behavior data, providing rich insights for competitive policy pricing.
• Sustainable & Eco-Mobility Support
  • Helps insurers achieve ESG targets and promotes eco-friendly driving.
  • Assists customers in managing fuel expenses
  • Provides insights into driving behavior's effect on fuel consumption and CO2 emissions
  • Offers tips and alerts for adopting eco-driving behaviors
• Severe Crash Detection & Emergency Response
  • Provides a life-saving safety feature that detects car crashes from sensor data and sends real-time alerts to insurers for immediate emergency assistance.
  • Expedites emergency response for drivers and passengers
  • Accelerates claims resolution process
  • Minimizes fraud
• Flexible Deployment Options
  • O7Drive is available in two configurations to suit various business needs.
• SDK:
  • Embed the SDK into an existing application to enhance its value proposition.
• Branded App:
  • A customizable white-label app for businesses without an existing mobile solution.
• Integration with O7Play
  • Can be combined with O7Play to maximize user engagement and promote safe driving through coaching, gamification, and rewards.