Connected
Solutions
Connected Insurance
Powered by AI
More drivers than ever are turning to PAYD and UBI policies to help manage premiums.
Our mission is to empower insurers with the insights they need to manage premiums and mitigate risks whilst enhancing the overall customer experience.
At the core of our offerings is our award-winning connected insurance solution. This ground-breaking solution leverages advanced AI and big data technology and combined with our portfolio of UK-manufactured connected devices offers a quick and easy route to market.
Comprehensive Connected Insurance
Our market-leading solution is designed to provide a flexible, bespoke offering that adapts to the unique needs of each insurer and includes the following services:
- Award-Winning Devices
- Driver & Vehicle Insights
- AI & ML Algorithms
- Advanced-Data Interface
- Customer Interface Applications
- Scoring & Crash Detection
Award-Winning
Connected Devices
At Trakm8 we manufacture a portfolio of award-winning connected devices that work seamlessly with our connected insurance interface and customer app.
Vehicle
Health Insights
Our portfolio of vehicle data solutions works alongside our data analytics to give insurers detailed insights into their customer’s vehicles, enabling them to further understand and manage individual risk profiles.
These services include true odometer readings, service intervals, battery health, and diagnostics data helping to mitigate future traffic incidents and vehicle breakdowns.
Driver
Behaviour Insights
Our driver behaviour insights offer insurers an in-depth profile of their customers, empowering them with the data required to help understand and manage risk. Our connected data algorithms analyse all forms of driving and behavioural data to provide true data-driven insights.
This data can be utilised and managed using our leading AI interface or we can tailor this data to feed directly into insurer’s own systems to allow a seamless and easy route to market
Customer
Driving App
Alongside our advanced AI interface, we also offer a market-leading driver app giving policyholders an easy-to-use interface with an overview of their driver data and scoring whilst acting as a platform for the insurers to interact and connect with their customers.
The app is fully customisable and offers a white-label solution allowing insurers to offer policyholders a fully branded, easy-to-use portal to enhance their customer experience.
Crash Detection
and Reconstruction
Our AI driven crash detection alerts and algorithms enable insurers to improve the level of service offered to policyholders following an incident.
Our near real-time collision reconstruction helps insurers manage and reduce their loss ratio through claims mitigation by benefitting from our comprehensive data capture services.
Our detailed crash detection tool offers a virtual and complete overview of an incident with detailed insights including speed of impact, severity and vehicle impact area, location details with mapping and street view data and much more.
Driver Risk Scoring
and Behaviour Intervention
Our AI-powered risk-scoring solutions empower insurers to effectively manage policyholder risk profiles by analysing key driving behaviours. This detailed scoring provides a comprehensive view of customer driving patterns to insurers to help truly understand risk and areas of improvement for drivers.
This behavioural scoring solution offers a highly predictive measure of accident probability and identifies erratic driving behaviour.
Our driver intervention module identifies certain patterns of driving behaviour and highlights these to the insurance provider. This allows the insurer to intervene and help modify driver behaviour whilst also keeping the driver safer on the roads.
Trakm8 In Numbers
By analysing over a billion miles of data from over a million vehicles Trakm8 has developed a comprehensive and market-leading solution for trusted insurer partners.
Devices connected
275,000 +
Miles of data annually
1.5 billion +
Devices manufactured
1.2 million +
