saman insurance telematics
TRANSCRIPT
Saman Insurance
Ahmad Reza Zarrabieh/Soroush Mosavati
Agenda
• Iran Auto Insurance Market
• Current Concerns in Auto Insurance Market
• New Approach
• Telematics
• Current Solutions
• Data Gathering
Iran Auto Insurance Market
بیمه شخص ثالث و مازاد 1390 1389 1388 1387 عنوان
38.8 24.3 20.1 18.4 (هزار میلیارد ریال) حق بیمه تولیدی
14.9 13.6 12.7 11.9 (میلیون)صادرهتعداد بیمه نامه
26.8 20 17.4 15 (هزار میلیارد ریال) خسارت پرداختی
1359 1389 1151 1471 (هزار)تعداد خسارت پرداختی
بیمه بدنه اتومبیل 1390 1389 1388 1387 عنوان
6.31 5.46 5.45 4.98 (هزار میلیارد ریال) حق بیمه تولیدی
2.5 2.1 2.1 1.4 (میلیون)تعداد بیمه نامه صادره
4.1 3.5 3.1 2.7 (هزار میلیارد ریال)خسارت پرداختی
494 422 291 350 (هزار)تعداد خسارت پرداختی
Current Concerns in Auto Insurance Market
• Customers are unsatisfied
• Unprofitable business
• High price
• Lack of risk control
• Lack of customer segmentation
• Unsafely driving behavior
• Vehicle based policy rather than Driving based policy
• Inequitable pricing structure
All you can drive insurance policy
Encourages
more DRIVING
• Accidents
• Congestion
• Air pollution
• Oil consumption
Yearly Accident Claims by Annual Mileage
New Approach
PAYP: Pay At Your Pump
PAYD: Pay As You Drive
PHYD: Pay How You Drive
Telematics
The integrated use of telecommunications and informatics, for application
in vehicles and with control of vehicles on the move.
Data Gathering
• OBD port plugin device – record data
• GPS
• GSM/GPRS
• RFID
Current Solutions
Full Data Transmission Minimum Data Transmission
Device Technology Evolution
• Early adopters: Hard-wired devices installed in vehicles by professional engineers
• Mid-term: Customer self-install devices via On-Board Diagnostic port (OBD) with
other types of ‘light’ or self-install devices imminent
• End vision: Smartphone or SatNav app/link providing connectivity to
data streamed
End vision
Mid Term Early adopters
NOW
End Vision
2010 2020? 2013
Insurance Telematics Benefits
• Affordable insurance for safe drivers
• Commercial benefits
• Pricing accuracy
• Fraud reduction
• Stolen vehicle recovery
• Improved accident investigation
• Improved customer segmentation
• Potential cost-savings for responsible customers
• Emergency road assistance
• More personal security and vehicle security
Social Benefits (Halo effects)
• Improve driving safety
• Reduction in oil consumption
• Less pollution
• Preventing more car accident death
Current Market
Questions?