Octo provides insurance telematics services and telematic applications to motor rental, fleet management etc. It solves the problem of automotive insurance industry and integrates with business partners’ IT systems.
PRODUCTS & SERVICES:
The products offering include -
DriveAbility Score - It uses telematics data with claims, policy, and external contextual data to deliver a score which is predictive of risk. It also provides insights into driving behavior, giving policyholders feedback and targets to improve safety.
DriveAbility Marketplace - It is an insurance telematics lead generation engine that enables insurers to identify, qualify, offer, and bind policies based on third-party telematics data.
DriveAbility Consulting - It allows users to leverage group of combined experience to build a telematics program based on best practices and proven results.