UK: Scope Technologies, introduces Europe’s first in-vehicle OBD (On Board Diagnostic port) based Pay As You Drive (PAYD) program with Amaguiz.
As in news, the product will simplify the flow of information using Scope’s OBD based mileage and driver behavior monitoring device. The device can be self installed by the consumers themselves on the OBD port in their cars and will be used for all new insurance for Amaguiz.
In addition to this, Amaguiz is also utilizing Scope’s specially designed tools and processes inclusive of inbound stock management, reverse logistics, Usage Based Insurance (UBI) management databases, benchmarked installation, testing and maintenance processes and helpdesk support tools to effectively monitor, manage and maintain the customer base on the program.
Nelly Brossard, CEO, Amaguiz said: “We have gone through a careful evaluation of different available UBI offerings in the market and found Scope’s products to be one of the best fit to our requirements. We have been extremely pleased with the results so far and remain confident that their technology will help us achieve the objectives of this unique program in the market.”
Monty Nussbaum, Director, Scope Technologies, said: “UBI has been increasingly gaining traction with insurers; early movers into UBI like Amaguiz will have a significant advantage over the others in the market place. We welcome this initiative from Amaguiz. This further strengthens our position in the UBI space as a total solution provider. We are further increasing our investments for new product developments and market penetration which will ensure that our customers can benefit from our scale, reach, partnerships and global experience.”
Source: Scope Technologies