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 risk 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 the 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 and their relationship with the insurance provider/ broker.
  • 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 a way, it also changed consumption patterns, which means sales channels must adapt to new interests
  • Metricles was able to understand the situation. Main characteristics of the solution:
. 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

At Metricles we work to reinforce the premise that any claim is an event that can be prevented

. 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

Safe Login

User / password / disclaimer

Look & Feel

Customizable (Client’s brand and institutional colors / Commercial Channel)

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) 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 kms traversed

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

Trips

  • Km traveled each day
  • Start of each day, per trip:
    • beginning/ end time –travel time,
    • start/end street,
    • km traveled,
    • maximum speed,
    • average speed
    • location in map

Position

  • Last position (date and time, speed, condition –moving or idle)
  • LATAM mapping
  • Zoom in-out
  • Go to my car

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: iOS or Android