Flexible premiums
Safe driving pays off – also on insurance premiums
"Pay how you drive" balances out information asymmetries and rewards prudent driving with discounts of up to 30% on the renewal premium. This reduces moral hazard and makes AutoMate more attractive to safe drivers. Behavioural changes can also be quickly recognised and flexibly addressed.
Fun factor and safe driving
The app promotes safe driving in a playful way
The Swiss Re white-label app Coloride is the heart of the solution. It impresses with its design and playful elements such as driving duels and leagues, with ascend and descend options. Due to the feedback on risky driving patterns (e.g. mobile phone use, speeding across intersections and high speed), customers are safe on the road.
Simplicity and new technology
Your mobile phone captures reliable recordings
AutoMate "pay how you drive" is simple and practical. Your mobile phone is sufficient for accurate trip recording. Coloride is one of the "most technically sophisticated telematics apps in the world". The app automatically records trips, with the user deciding whether 1) different means of transport are distinguished algorithmically, or 2) the insured car is clearly recognised using the Bluetooth connection to the infotainment system.
