Implement next generation UBI (Usage-Based Insurance) solutions

Capture the data

Our GPS trackers are quick and easy to install and continuously send all types of useful information to the server for analyzing drive style with BIG Data algorithms.

Manage the data

MyWakes features a web farm infrastructure located in Italy, active 24/7, with backup, UPS data redundancy and emergency generators to guarantee maximum efficiency at all times.

Use the drive style data

MyWakes cross-references sensor data with user habits and additional information from multiple systems and sources.

U

Interpret the data

Intelligently profile users, expanding the range of auto insurance solutions to include new insurance models beyond the conventional pay-how-you-drive and pay-as-you-drive.

vehicle insurance industry is quickly shifting from fixed cost premium rates to the Usage based Insurance concept based on drive style

Anticipate the insurance evolution

The vehicle insurance industry is quickly shifting from fixed cost premium rates to the UBI (Usage-based Insurance) concept – a variable cost based on the policyholder’s driving behavior.

MyWakes integrates multiple driving style analysis systems in its platform.

Analyze trends

The MyWakes solution measures and identifies trends along drive style, models and events in vehicle use and driving behavior that can impact on the driver’s risk profile.

This data is supplemented by analysis from the MyWakes on-board instrumentation.

we measure and identify trends along drive style, models and events in vehicle use and driving behavior that can impact on the driver’s risk profile

A new approach to UBI solutions

Complementing the traditional Pay As You Drive (PAYD) model with the Pay How You Drive (PHYD) concept.

Easy-to-install Black Box

Thanks to the evolved hardware, the device installs in minutes and no special skills or tools are needed.

data includes a detailed graph of deceleration preceding and following the collision, on 3 axes, and an indicator of crash severity

Accident detection and reconstruction

The sophisticated accelerometer built into the MyWakes devices detects accidents and records collision-related data.

The data is then sent in real time to our cloud for accident reconstruction purposes in accordance with the CEI 79/56 standard.

Data includes a detailed graph of deceleration preceding and following the collision, on 3 axes, and an indicator of crash severity.

When an accident occurs, an alert is immediately dispatched by SMS, email, voice call, webhook or other web action, containing, among other data, the data and location of the accident.

New sensors to detect pauses, stops and new antitheft alarm

New sensors to detect pauses, stops and new antitheft alarm

From now on the MyWakes portal are provided new features those can be enabled on the Pickway device by putting the "anti-theft function". Among the new features is incluse the function of power on/off to PickWay.This function is used to verify the remote removal of...

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New actions and alerts available on the platform

New actions and alerts available on the platform

Improved functionality with the combo "Actions".   With the new feature "Actions", the user can decide whether to receive alerts into or out of the virtual fence through SMS or e-mail, may decide the timing of the alarm (how often the alarm is detected), can...

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New virtual geo-fences with 3D mode and layers

New virtual geo-fences with 3D mode and layers

3D virtual fences and layers are available.   In the portal the new 3D virtual fences feature is available. Have been added the 3D virtual fences, complete with dimensions, altitude and height (useful for flight schools), alarms in and out and the new feature...

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Recommended GPS tracking devices for insurance companies:

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