DXC Invitational India 2019

CarIQ

CarIQ is a connected car platform helping insurance companies derive maximum value for their usage-based insurance (UBI) products. CarIQ manages UBI programs on behalf of insurance carriers, helping reduce the complexity of running such a program and building a value-added partner program for policy holders. The platform is future-ready to consume data from existing players such as OEM and telecom companies.

How CarIQ benefits DXC Digital Insurance

CarIQ uses machine learning to understand driver behavior for predicting driving patterns and associated risks for insurance carriers. These risks can be consumed as a risk score for risk allocation and premium pricing. Such incentive-based programs drive loyalty and have a huge impact on brand recall.

CarIQ is India’s first fully implemented connected car platform for the motor insurance sector. It is also the leading player in India in terms of the number of connected passenger cars and data collected for insurance use cases.

Website: mycariq.com/

Learn more about the DXC Invitational India 2019.