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.
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.
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.
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.
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The brand new GPS tracking platform is ready
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