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Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

Concirrus is dedicated to continuously providing value to both our clients and the broader commercial insurance sector. Our mission is to leverage our combined knowledge in commercial insurance, data science, artificial intelligence, analytics, and technology to facilitate the industry's shift towards the Internet of Things (IoT). This transformation aims to foster a digitally empowered, profitable, sustainable, and safer future for everyone involved. Our committed team is ready to offer support and project management during every phase of the partnership. Concirrus is convinced that enhanced sharing of cohesive, accurate, and real-time data and insights leads to benefits for all parties involved. By minimizing operational inefficiencies and costs, we can foster better connections among brokers, actuaries, underwriters, and reinsurers, leading to more effective pricing, reserving, and risk management strategies. This collaboration allows your teams to concentrate on enhancing responsiveness and service quality for your clients. Furthermore, we will work with you to develop a tailored, scalable digital solution that aligns with your specific business needs and goals, ensuring a successful partnership. Ultimately, our collective efforts will drive innovation and growth within the insurance landscape.

Description

OCTO’s insurance telematics solution addresses the challenges that arise when subjective or delayed data leads to unprofitable insurance quotes. Insurers typically focus on three main areas: risk definition, crash and claims management, and customer relationship management (CRM), where they analyze risk, handle adverse events, and assist their clients. However, these critical processes may fall short of optimal efficiency if insurance firms struggle to gather and manage the necessary data effectively. By employing a telematics approach, OCTO shifts the paradigm, providing objective, real-time data derived from actual risks. This innovative method not only enhances the accuracy of risk assessment but also engages customers directly in the insurance journey. As customers actively participate in profiling their driving behavior, insurance companies can tailor their offerings to meet individual needs more precisely, ultimately creating a more personalized experience for clients.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Concirrus

Founded

2012

Country

United Kingdom

Website

www.concirrus.ai/insurance-iot-platform

Vendor Details

Company Name

OCTO

Country

United States

Website

www.octotelematics.com/industries-2/insurance/

Product Features

Commercial Insurance

Billing & Invoicing
Broker / Agent Portal
Claims Management
Commission Management
Customer Portal
Document Management
Insurance Rating
Policy Management
Quote Management
Reinsurance Administration
Risk Assessment
Underwriting Management

IoT

Application Development
Big Data Analytics
Configuration Management
Connectivity Management
Data Collection
Data Management
Device Management
Performance Management
Prototyping
Visualization

Product Features

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