January 14, 2013; France and Singapore: Scope Technologies, a leading and fast growing global telematics technology provider announced Europe’s first in-vehicle OBD (On Board Diagnostic port) based Pay As You Drive (PAYD) program with Amaguiz, a Groupama subsidiary in France dedicated to selling insurance over the internet.
The launched program since April 2012 is aimed at simplifying 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 using Scope’s unique patent pending hardware offering, 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.
Over the last 12 years, Scope has been in the forefront of technology development for the fleet and insurance markets. Notably, the company also launched its UBI subsidiary named DriveProfiler in 2011. DriveProfiler provides the perfect set of end to end bespoke and price competitive tools including cutting edge telematics technology, data gathering platform, analytics and UBI best practices for companies looking to venture into UBI.
Nelly Brossard, CEO of 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.”
“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.” said Monty Nussbaum, Director of Scope Technologies.
Contact Person: Pravar Gautam
Email: pravar@scopetechnology.com
Telephone: 65387310
Organization: Scope Technologies