Azuga Insurance Solutions give commercial auto insurers control. We let you easily and accurately assess the true risk of the drivers covered in your commercial fleet portfolio. This means that you have greater control over the level of risk you are managing, how you price your premiums, and how you manage your clients.
How Azuga Insurance Solutions Work
Assess and price risk accurately
Wouldn’t it be great if your agents could complete their ACORD apps with more complete and accurate data, without depending only on customer responses? Are you settling for pricing risk based on where customers garage their vehicles?
Azuga provides information on where vehicles go daily, driver behavior, and driver routing. These are substantially different risks; you should use debits and credits accordingly. Azuga lets you do this with accurate, verified data, so guessing is unnecessary.
Expand your low-risk client base and intervene with riskier fleets
Offering Azuga with your policy allows you to keep and attract safer fleets. You can grow topline revenue and bottom-line profits on commercial auto insurance.
By better understanding the true risk associated with your commercial fleet base, you can price policies to serve mid- or high-risk clients profitably. Equipping your customers with Azuga Fleet arms them with powerful tools to take control of their fleet. They can increase safety and decrease the driving behaviors that raise both their exposure to loss and their operating costs.
Enhance your renewal process
Do you ask your insureds or agents to complete a yearly questionnaire? Did the insured add vehicles or take on clients outside their typical routes such that substantially changed annual mileage? Did the business grow or shrink dramatically? All this data could be in your hands before asking a single question. You can avoid misunderstandings and ensure your customers pay the correct premiums.
Augment your clients’ safety program and loss control measures
Azuga Fleet functions like Driver Rewards, DriveSafe, driver scores, distracted driving reports, unauthorized use reports and event alerts will strengthen your clients’ loss prevention measures. Social aspects of Driver Rewards become important during weekly safety meetings, as they turn safe driving into a competition among workers.
Add business value for your client base
Along with risk reduction, Azuga Fleet helps fleet organizations to significantly reduce costs and improve service levels. These improvements allow them to compete more successfully.
Azuga is Driving Insurance Telematics Forward
The commercial auto insurance industry is going through a fast transformation. It is increasingly turning to telematics-driven programs for data to assess and price risk more accurately. These programs are no longer experiments. They are a competitive advantage for companies that roll them out.
Azuga is a connected vehicle platform that lets insurance companies tap into telematics and behavioral data. The software improves rating segmentation by using verified data instead of estimates. Our insurance solutions help you differentiate your offering and let you bundle in our award-winning fleet solutions that use gamification, driver safety and rewards, and clear reports, making it easy for your customers to operate more competitively and with less risk.
How Azuga Insurance Solutions Work
Our insurance solutions leverage Azuga Fleet. This award-winning telematics solution is used by over a thousand fleets in North America, South America, the United Kingdom, Europe and India.
- Offer the program to your clients. You can create a white label or endorse an existing Azuga offering. Either way, we make it easy with templates for email outreach, brochures, FAQs, and presentations. An Azuga Fleet expert dedicated to your business will assist in presenting the program and answering questions.
- Onboard clients. Azuga will coordinate with you, getting clients signed up and operational on Azuga Fleet, including training and setup.
- Receive scoring data to your backend systems. As clients use Azuga Fleet, we push driver behavior and event data through a gamification and scoring engine. This gives you an easy way to categorize drivers and fleets into risk categories.
- Gain control over your portfolio. The tools and intelligence that Azuga Fleet offers help fleet businesses manage driver safety and operations at a whole new level. While they are improving their operations, you’ll optimize the management ofyour portfolio of clients and price your policies.
How Can Azuga Lower Your Insurance Premiums?
- Demonstrate safety
- Prevent theft
- Maintain vehicles
Insurance providers want to know that you are keeping your vehicles and drivers in great shape and as safe as possible. Telematics is the best way to do this. Simply installing a telematics system is often enough to earn an insurance discount, but if not, you have other options.
Azuga’s rigorous reporting gives you the data you need to prove your fleet’s safe behavior on the road and the regular maintenance of your vehicles. When your insurance providers see this, you will have more evidence to back up lowering your premiums.
Related Resources
Why Insurance Company Risk Assessments are Important
April 30th, 2021
Fleet data management is an integral part of a fleet manager’s job. Learn how to harness data for your fleet’s productivity.
7 Reasons to Choose Azuga Insurance Options for Your Fleet
July 27th, 2020
Azuga improves driving behaviors and the severity of accidents and reduces frequency by over 50% on average. Use reliable telematics software like Azuga to ensure the best auto insurance options.
How to Save Money on Fleet Insurance in 2022
October 27th, 2022
There are many technology options and safety solutions that can help you save money on fleet insurance. Many fleets have noticed the cost of insurance premiums has been rising over the past years. This means that saving money on fleet insurance is now more critical than ever. Luckily, we have some tips on how to do precisely that.
