Telematics for car insurance
Latest news
What is Metricles?
Metricles is a comprehensive telematics solution to promote innovative user experiences in terms of car insurance.
- Metricles collects different data about the use of a vehicle. It gathers, standardizes and interprets data from a wide variety of telematics devices (both fixed and removable) and turns these data into valuable information about the risks a vehicle is exposed to.
- Telematics represents a unique opportunity to transform car insurance; it allows us to get to know our clients and provide them with an insurance policy that can be customized to their needs.
- Risk in terms of distance: the general rule indicates that the less a vehicle is used, the lower the risk. Metricles has developed a complex algorithm to measure the kilometers traversed by a vehicle and its impact on carbon footprint.
Why Metricles?
- Metricles provides the Insurer ecosystem with multiple options to segment its current and future client portfolio, with a distinct focus on user experience.
- Metricles is an Insurtech, with a service model based on providing turnkey solutions to all the players in the value chain (Commercial Channel + Insurance provider + Insured), allowing insurance companies to develop customized products.
- We are a young Argentine-based company, led by partners with proven regional experience and entrepreneurial expertise.
The time is now!
COVID-19 changed mobility patterns; therefore, all associated products and services, such as car insurance, must adapt to this new scenario. In this sense, it also changed consumption patterns, which means sales channels must adapt to new interests.
Metricles perfectly understood the situation. Main characteristics of the solution it offers:
- Independence
Metricles can read data from any telematics device.
- Reliability
Metricles provides accurate information about the use of a vehicle.
- Brand presence
With the app, Metricles reinforces the brand of the players in the value chain by means a user-friendly interface.
- Flexibility
The quantity and quality of data available result in unique, customizable products
- Golden Portfolio
Metricles facilitates the development of products that can target strategic market segments.
- Lower Turnaround | Increased word-of-mouth
Metricles increases customer satisfaction and brings together clients with similar interests.
- Change in risk measurement
Metricles measures the risk in relation to use, i.e. km traversed by the vehicle
- Green driving
Metricles speaks the language of a user concerned about environmental impact.
- New digital channel
Metricles is a channel to communicate with new digital users.
App functionalities
1
Safe login
User / Password / Disclaimer
2
Look & Feel
Customizable (Client’s brand and institutional colors / Commercial Channel)
3
Home
- Choice of vehicle (in the case of fleets)
- Km traveled during the month (minimum, average and maximum number of km traversed)
- Km traversed each month
- Information about the insurance: Insurance provider, policy, broker, term (from / up to), document download (e.g., coverage)
- Quick-call button (Commercial Channel and/or Insurance Company, broker, mechanical assistance, SAME (Emergency Medical Service in the City of Buenos Aires) 107, 911, others)
- Carbon footprint: it estimates green driving behavior (preservation of trees), according to type of vehicle (light, medium and heavy-duty), type of fuel (gasoline, diesel oil, hybrid, electric), and number of km traversed.
4
Events
- Disconnecting /connecting telematics devices
- Accidents (when the telematics device has an accelerometer)
- Excessive speeding
- Continuous driving time (>5 hours)
- Ralenti (vehicle stopped with running engine >5´´)
- Towed vehicle
5
Transits
Km traversed each day. Start of each day, per transit:
- Beginning/ end time –travel time,
- Start/end street,
- Km traveled,
- Maximum speed,
- Average speed,
- Location in map
6
Position
- Last position (date and time, speed, condition –moving or idle)
- LATAM mapping
- In-out zoom
- Go to my car
7
Backend
- Information from odometer at start of the service, expiry date of latest technical inspection certificate, expiry of driver’s license
- Heat map: risk areas where the vehicle frequently travels
- Reconstruction of events based on the information stored in the database
- Web-service: independence regarding the exchange of information
- API: integration with other value-added factors
Consult us about Metricles capability to generate information from accelerometers (G force: vectors x, y, z), and PIDS (events recorded from the vehicle computer)
User experience – APP: from iOS or Android
It interprets data from any of the hundreds of GPSs that are currently integrated
Contact us
If you need further information about our service, please share our email address so that we can contact you
El jueves 22 de agosto de 2024, Samuel Markov, socio fundador y director de ARM Services Argentina y Chile, fue [...]
Metricles, Insurtech especializada en soluciones de suscripción de seguro automotor basados en kilómetros recorridos, perteneciente al grupo ARM Services y [...]
El miércoles 7 de Diciembre de 2022, Samuel Markov (Director de ARM Services Argentina y Chile) fue invitado al programa [...]