Traxia UBI helps insurance companies to identify how long is asset (that is covered by their insurance products) are being exposed to risky situation such as driving in rush hours, known hazardous area and many other time-based risk consideration.

The more end-users exposed to risk conditions, the higher their risk factors thus preventing them to enjoy higher point benefits from insurance providers.

Where Risk Exposure Time features allow insurance companies to foresee their covered assets, it does not help distinguish how one individual driver use their vehicle is different compare to other majority.

Previously where impossible for Insurance companies to distinguish how a covered asset being utilized, whether it is commercial or personal usage. With Traxia UBI is very possible to identify such inquiry.

Traxia UBI continuously monitors basic driving behavior parameters such as use of speed, brake anticipation, cornering and acceleration to measure individual driving performance.

Driving performance may or may not be used as primary rating factor by insurance company and this is also available as optional preference. While it is optional, all historical data of drive performance is stored in each driver profile allowing future analytics or investigation historical reference.

Serving both information streams for Insurance companies and Vehicle owners, Engine Health monitoring provide functionality that can be beneficial for both parties.

Insurance company can identify vehicle conditions that may have errors or problems in the vehicle that may or may not lead to an unfortunate event leading to insurance claims.

As for the individual who owns the vehicle, they may enjoy active pushed notifications to their smart devices that their vehicle is due to tuning, service or even repairs hence Preventive Maintenance.

With various safety, security prevention and measurement, Traxia UBI can boost both vehicle owner and insurance companies that their vehicle is protected for unfortunate events such as lost from theft, attempted fraud/theft, and more.

For non-intrusive reminders, to hardware hard-line intrusions are available upon your request.

Traxia UBI also continuously took journey data such as routes, point of start and stop, idle location and duration, park-up areas.

In Traxia we have the capability to maximize this kind of data to its maximum potential. It is also possible for Traxia to ‘stitch’ those information with other parameters to perform new type of performance queries.