Business Model

DriveSync can assist in developing a business model or strategy that suits the individual needs of your company. There are several methods that can be used to calculate and collect premiums that incorporate the value of the DriveSync solution:

• North American Model: Offers discounts or rewards based on Usage Based Insurance (UBI) mileage metrics at the end of each insurance term.
• United Kingdom Model: Offers a true Usage Based Insurance (UBI) ‘cents per mile’ model with costs calculated in real-time.
• The DriveSync Solution: Offers flexibility by tailoring the business model to suit the needs of your individual company. For example, commercial programs can pay for the technology over a multi-year payment schedule.