Find the answers that drive your business forward
A suite of solutions, one goal… driving your business forward
Octo builds telematics solutions that give you the insight to reduce costs while better servicing both personal line and commercial line policyholders. Our tailored offerings ensure you have the right-fit solution that meets your needs — and budget.
Improve risk modeling
Provide accurate rates to your customers based on their driving behavior. Our data will give you a more robust customer profile so your drivers can appreciate the benefits of dynamic pricing models.
- Driver behavior scores
- Risk event and score detection
- Safe driver feedback
- Risk assessment
Reduce costs through
better claims management
Expect to close claims 50-60% faster with Octo Telematics. Our analytics allow for a complete understanding of the accident and damage done to the vehicle, resulting in the reduction of claims processing time, costs and fraud.
- Crash and claims management
- Crash detection and notification
- Proactive FNOL reporting
- Real-time driver assistance
Attract and retain policyholders
Improve your relationship with your customers by offering a new way to communicate. Octo Telematics allows you to be constantly connected with your customers’ vehicles, so you can add value to their service through car health monitoring and crash and emergency notification.
- Vehicle health monitoring and alerts
- Vehicle preventive maintenance monitoring and alerts
- Location and time-based services
- Mobile application
Octo UBI Policy Accelerator for Guidewire PolicyCenter 8.0
Implementing a successful usage-based insurance (UBI) program with Octo is going to take less time than you thought. Octo’s suite of insurance solutions for personal lines seamlessly integrates with Guidewire PolicyCenter 8. Octo’s accelerator extends the native policy management capabilities of Guidewire PolicyCenter 8 to leverage the vehicle and driver data vital to UBI policies.
Octo’s deep integration enables insurers to seamlessly issue, change, cancel, and reinstate UBI policies…right alongside traditional policies. Easily add and remove UBI from a vehicle with the click of a button. Automate the delivery of the telematics device to your policyholder upon policy issue. PolicyCenter users can perform these tasks and more in the familiar PolicyCenter 8 user interface minimizing the time needed for proficiency.
Guidewire customers can review the accelerator details directly in the Guidewire Marketplace.
The State of
This white paper explores the current state of insurance telematics adoption in the United States. We focus on the challenges insurers face, both internally and externally, in getting a telematics program to market and provide information on the benefits derived from implementation.
Read the White Paper
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