Discount Alert™
How can insurers use automakers’ digital ecosystems to grow profitably?
Vehicle telematics and automakers’ digital engagement channels have enormous but untapped potential to connect auto insurers with new prospective policyholders. Discount Alert can assist with your behavior-based marketing efforts and support UBI program growth.
Make connected cars a powerful channel for UBI growth
Make connected cars a powerful channel for UBI growth
Many connected car drivers are already using their automakers’ mobile apps and online owner portals to connect with a range of digital services. Discount Alert lets insurers tap these ecosystems to identify vehicles used in a safe and low-mileage manner and providing a channel to deliver notifications with potential marketing offers.
Plug into this powerful new engagement channel to support profitable growth for your usage-based insurance (UBI) program.
Prospect proactively with telematics
Prospect proactively with telematics
Help ensure that discount notifications reach the right audience by using behavior-based insights from consenting drivers in the Verisk Data Exchange. Use your own segmentation models, custom business rules, and Verisk’s next-generation scoring model - or normalized data to fuel your proprietary algorithm.
Telematics tools can bring segmentation to new levels of precision that best align with your growth targets.
Engage potential customers with personalized messages
Engage potential customers with personalized messages
Discount Alert can help you provide a truly personalized experience and powerful incentives for drivers to begin the process to obtain a quote by deploying notifications with customized marketing messages—even including the driver’s specific behavior-based discount.
Delight consumers and convert more with a seamless buying experience
Delight consumers and convert more with a seamless buying experience
When a driver responds to your notification and begins the process to obtain a quote, Verisk makes it easy to enhance your UBI program’s end-to-end experience. With consumer consent, you can use historical driving data from the Verisk Data Exchange to deliver their behavior-based discounts instantly at point of quote – which can bypass the traditional multiweek driving observation period.
Benefits of Discount Alert
Boost your UBI marketing efforts
Deliver compelling, personalized quotes to safe drivers
Use the power of connectivity to fuel growth
Enhance the customer experience
Calculate safe-driving discounts quickly
Use automakers’ customer engagement channels
Discount Alert: Powered by the Verisk Data Exchange
Discount Alert: Powered by the Verisk Data Exchange
The Verisk Data Exchange connects you with millions of consenting connected car drivers from leading automakers. Discount Alert harnesses connectivity to unlock new opportunities for your UBI program that can put you on the road to profitable growth.