Usage Based Insurance
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DEVICE

Innovelo’s plug-in OBD and hard-wired trackers, dashcams, and other monitoring devices capture essential telematics data, including collision events, driving hours, mileage, fuel consumption, driver attentiveness, and driving behavior. This data is transmitted to a cloud server via cellular networks for analysis. Meanwhile, the device provides real-time voice alerts if the driver becomes distracted, fatigued, uses a phone, or engages in reckless driving. In case of an emergency, a built-in panic button enables drivers to request assistance with a single press.

CLOUD

The cloud server processes and analyzes the collected data, presenting it on Innovelo’s IVM platform or integrating it into your own system. The information is displayed in clear, intuitive graphs and lists for easy interpretation. All critical data is securely stored for up to three months.

PLATFORM

Designed for ease of use, Innovelo’s platform requires no specialized knowledge and provides data visualization through interactive graphs, lists, and simple text formats. When used with Innovelo’s trackers, DVRs, and peripherals, insurers can monitor vehicle locations in real time, enabling rapid emergency response and efficient stolen vehicle recovery. The platform also supports live streaming from multiple cameras and allows users to check fuel and mileage data anytime, anywhere, from any device.


The Benefits
Event Video to Cloud
Innovelo’s dashcams and camera systems record key events such as collisions and harsh driving, securely storing the data on a server for future reference. Insurers can use this footage as evidence to prevent fraud and protect innocent policyholders from false claims.

Individualized Pricing
Mileage data is essential for usage-based insurance pricing, while driving behavior analysis (DBA) plays a key role in risk-based premium adjustments. The platform enables insurers to utilize both data types to develop personalized insurance plans tailored to each policyholder. Additionally, it supports the creation of incentive programs that reward safe driving habits, encouraging responsible behavior on the road.

Driver Monitoring (DMS)
The driver attentiveness monitoring camera (DMS) records separate video clips whenever it detects distraction, fatigue, phone use, or drinking. The platform automatically categorizes these events, making it easy to search for relevant footage when needed. This data can also be leveraged for real-time driver coaching and post-incident training.

Seamless Tracking

Beyond positioning via CNSS, Innovelo’s trackers feature a proprietary inertial navigation system (INS) that ensures continuous location tracking, even in areas with weak or no GPS signals. This advanced capability enhances stolen vehicle recovery for policyholders while also helping to minimize vehicle loss costs


Effortless API Integration

Innovelo provides a robust API protocol that seamlessly integrates our devices with your existing platform, giving you full access to the data collected by Innovelo IVM platform. If you prefer to develop your own platform, our team is ready to support you every step of the way.