“90% of Insurers Want to Invest in AI” – CerebrumX AI & Insurance Survey 2023 Check Now

"With CerebrumX platform, we’ve been able to offer new insurance benefits to Ford and Lincoln owners, rewarding them for good driving habits with personalized insurance plans, UBI and reduced TCO."

- Amy Graham
Services Marketing Director at Ford Motor Company

An industry first comprehensive suite of insurance products – built specifically
for insurers to cut operational costs, and accelerate go-to-market time.

Driveconnect Product Offerings

Driver Risk Index

Rethinking Risk Assessments

DriveConnect supports up to 90 days of historical telemetry data with 2 second response time, thanks to deep integrations with OEMs – that enable better risk pricing and optimized underwriting precision.

Marketplace for lead generation

Empower your Business

Get access to quality leads with pre-scored driving scores to improve your book of business with cherry-picked customers and efficient risk management.

Driver

OEM cloud

ADLP

Speed Relative to
Expected travel speed

Acceleration

Braking

Harsh
Cornering

Distance Travelled

Over speeding

Distracted Driving

Historical data insights

Real-time data insights

Time of Day

Night Driving

Your Driving
Score

Usage Based Insurance

Insurance for Next-Gen

An ML-based UBI model built using 100M+ miles of trip data, for precise information on bodily injury liability, personal injury protection, property damage liability and collision.

Crash Forensics

Smart Claims Management

Our AI technology utilizes machine learning algorithms to identify fraudulent auto insurance claims and address claims leakage faster than before. A detailed crash analysis by identifying fraudulent claims, to address claims leakage and speed up the entire claims handling process through AI generated FNOL, for higher customer satisfaction.

Our Strategic Partners

Features of CerebrumX DriveConnect

  • Based on Embedded Vehicle Technology
  • Modeled using multivariate Generalized Linear Models (GLMs)
  • Richer Driver Behavioral Risk Analysis
  • Multiple OEMs, single interface

Has partnered with Milliman on the model development as per the Actuarial Standard Operating Procedures.

The insurance product based on embedded vehicle technology is expected to achieve broad industry recognition, with pending approvals from all state jurisdictions in the US.

It's time to connect with Real-time Embedded Data

Cost-Effective

Faster Onboarding

Flexible Integration

Higher Data Accuracy

Frequently asked questions

01. What is AI insurance services?

AI insurance services are a type of insurance that uses artificial intelligence (AI) to assess risk and set rates. AI can be used to analyze large amounts of data, such as driving habits, to create more accurate risk assessments. This can lead to lower premiums for safe drivers and higher premiums for risky drivers.

02. What is an insurance driving monitoring device?

An insurance driving monitoring device is a device that is installed in a car to track driving habits. This data can be used by insurers to assess risk and set rates. Some of the data that is collected by insurance driving monitoring devices includes:

  • Mileage
  • Driving time
  • Speed
  • Aggressive driving
  • Hard braking
  • Collisions
03. What is a car insurance monitoring device?

A car insurance monitoring device is another term for an insurance driving monitoring device.

04. What is telematics auto insurance?

Telematics auto insurance is a type of insurance that uses telematics to assess risk and set rates. Telematics is the use of technology to collect and analyze data about a vehicle. This data can include things like driving habits, location, and weather conditions.

05. What is UBI telematics?

UBI telematics is a type of telematics that is used for usage-based insurance. Usage-based insurance is a type of insurance that uses data about your driving habits to set your rates. This data can include things like your mileage, driving time, and how safely you drive.

06. What is usage-based car insurance?

Usage-based car insurance is another term for usage-based insurance.

07. How does AI insurance work?

AI insurance works by using artificial intelligence (AI) to assess risk and set rates. AI can be used to analyze large amounts of data, such as driving habits, to create more accurate risk assessments. This can lead to lower premiums for safe drivers and higher premiums for risky drivers.

08. How does an insurance driving monitoring device work?

An insurance driving monitoring device works by collecting data about your driving habits. This data can be used by insurers to assess risk and set rates. Some of the data that is collected by insurance driving monitoring devices includes:

  • Mileage
  • Driving time
  • Speed
  • Aggressive driving
  • Hard braking
  • Collisions
09. How do I get an insurance driving monitoring device?

To get an insurance driving monitoring device, you will need to contact your insurance company. Your insurance company will be able to provide you with a device and instructions on how to install it.

10. What are the benefits of AI insurance?

The benefits of AI insurance include:

  • Lower premiums for safe drivers
  • Higher premiums for risky drivers
  • More accurate risk assessments
  • Improved customer service
  • Increased efficiency

Overall, AI insurance is a promising new technology that has the potential to revolutionize the auto insurance industry. AI insurance can help insurers to more accurately assess risk, which can lead to lower premiums for safe drivers. AI insurance can also help insurers to improve customer service and efficiency. However, there are also some challenges associated with AI insurance, such as privacy concerns and data accuracy.