Our website uses cookies to give you the most optimal experience online by: measuring our audience, understanding how our webpages are viewed and improving consequently the way our website works, providing you with relevant and personalized marketing content.
You have full control over what you want to activate. You can accept the cookies by clicking on the “Accept all cookies” button or customize your choices by selecting the cookies you want to activate. You can also decline all non-necessary cookies by clicking on the “Decline all cookies” button. Please find more information on our use of cookies and how to withdraw at any time your consent on our privacy policy.

Managing your cookies

Our website uses cookies. You have full control over what you want to activate. You can accept the cookies by clicking on the “Accept all cookies” button or customize your choices by selecting the cookies you want to activate. You can also decline all non-necessary cookies by clicking on the “Decline all cookies” button.

Necessary cookies

These are essential for the user navigation and allow to give access to certain functionalities such as secured zones accesses. Without these cookies, it won’t be possible to provide the service.
Matomo on premise

Marketing cookies

These cookies are used to deliver advertisements more relevant for you, limit the number of times you see an advertisement; help measure the effectiveness of the advertising campaign; and understand people’s behavior after they view an advertisement.
Adobe Privacy policy | Marketo Privacy Policy | MRP Privacy Policy | AccountInsight Privacy Policy | Triblio Privacy Policy

Social media cookies

These cookies are used to measure the effectiveness of social media campaigns.
LinkedIn Policy

Our website uses cookies to give you the most optimal experience online by: measuring our audience, understanding how our webpages are viewed and improving consequently the way our website works, providing you with relevant and personalized marketing content. You can also decline all non-necessary cookies by clicking on the “Decline all cookies” button. Please find more information on our use of cookies and how to withdraw at any time your consent on our privacy policy.

Skip to main content

Global Insurance Company

IoT and real-time data analytics to transform car insurance business

A global insurance company has harnessed the Internet of Things and real-time data analytics to transform its car insurance business.

bluedash

As changes happen along the value chain between car manufacturers, fleet leasers and insurers, the company is committed to offering its customers added-value services. With Atos’ help, this global insurance company´s innovative Pay-How-You-Drive (PHYD) car insurance scheme, combined with a connected fleet management service, is revolutionizing commercial car insurance. Drivers get better value; safer driving is promoted; fleet managers can optimize their assets and reduce their insurance premiums; while our customer is improving its bottom line.

The challenge

bluedash

In a disrupted industry, our customer´s strategy was to shift from payer to partner to win customers while better managing its insurance risk. Its ambition was to implement an innovative connected fleet management solution that could harness data to improve its margins while differentiating our customer by giving commercial customers and drivers the benefits of new added-value services. Based on Atos’ advanced IoT and data analytics solutions, this global insurance company asked Atos to help.

The solution

bluedash

By deploying the Atos Codex Connected Vehicle Platform, together with an ecosystem of partners, Atos created a trusted digital solution that stores real-time data from each vehicle’s telematics and enriches it with environmental and contextual information (trip start/end, distance, fuel consumed, acceleration patterns and so on). Using rich datasets, fleet owners can better control their operations and our customer can compute the PHYD score and best insurance premium for each driver.

Business benefit

bluedash

PHYD and connected fleet management bring multiple benefits for insurers and customers:

  • Enhanced safety, by rewarding safer drivers and fleet managers through lower premiums
  • Optimized fleets and lower costs, with accurate mileage counting, fuel tracking and better maintained vehicles
  • Cost reductions for insurers, through lower risks, tighter controls and safer driving.

With a 30,000-vehicle rollout planned, our customer´s highly successful pilot phase delivered:

    • 9/10 customer satisfaction scores
    • 24% fewer accidents
    • 12% lower fuel consumption.

Related resources

Blog

Digital meets physical: Insights as to what insurers need to consider to leverage IoT

IoT has all the right characteristics to transform insurance thoroughly. It offers data, real-time, with little room for fraud in claims and limited hassle: all things that are treasured by insurers.

White paper

Smart Factory: Connecting Data

Increasingly, customers and the market expect more from manufacturers and the factories that are the center of their delivery model: more connection, more adaptability, more responsiveness.

Future of Work

The future belongs to those who monetize and maximize their data

The flood of digital data is revolutionizing businesses and business decision-making. One thing is for sure: the transformation toward a data-driven world offers business leaders opportunities in nearly every sector.

Related information

Insurance

Industry 4.0 and the Industrial Internet of Things

Connected Products and Services

Our experts

Jo Sevarts

Global Financial Services and Insurance, Head of Insurance

Follow or contact Jo:

Linkedin | Twitter | Mail

Remco Neuteboom

Global Financial Services, Chief Digital Officer

Follow or contact Remco:

Linkedin | Twitter | Mail

More client stories

bluedash

UGAP: Leveraging the move to cloud

Intelligent networks and integrated service desk at Siemens Healthineers

Streamlining manufacturing business with cloud-SAP for Siemens

Accelerating WA health system digitalization

Digital workplace services in Solent NHS Trust

Scottish Water and Atos: Partnership in action

Next generation networking delivers connectivity on tap

Putting a bot army to work for healthcare

Interested in our solutions?