OCTO Reviews

OCTO Description

OCTO's insurance telematics proposal operates in areas where subjective data and data shared lately can lead to an unprofitable insurance offering. Insurers traditionally work in these areas: risk definition, crash, claims, customer relationship management (CRM), analyzing and evaluating risks, managing "bad events", and supporting customers. These basic processes may not be able to perform at the highest level if insurance companies aren't able to collect and manage the right data. OCTO's insurance telematics proposal operates in areas where subjective data and data shared lately can lead to an unprofitable insurance offering. OCTO provides objective data because they are real-time collected, based on real risks. This new approach allows customers to become part of the whole insurance process. They interact with drivers and contribute to the profiling of driver behavior. This allows the insurance company tailor the best offer.