MyMile

MyMile is the newest innovation of the insurance IT consulting company msg global. It uses smartphone technology to offer a new business approach which delivers cost efficiencies to insurers and policy holders based on individual driving behaviour.

Key features

• Innovative rating system – the telematics server provides new and accurate rating features, such as mileage, driving time or road types for each policy holder
• Analysis on the go – user and insurer have easy access to the data analysis using the smartphone or an integrated webportal
• Plug-and-Play – use the best features of the MyMile cloud service which allows insurers to start right away e.g. with a pilot project
• No extra work or costs – no in-vehicle installation necessary and no extra costs for data transmission since drivers use their own smartphone

Business Benefits

• Reduce claims frequency by offering customers incentives for driving less miles and avoiding risky driving behaviour.
• Increase customer satisfaction by offering a new motor insurance rating feature that allows an individual evaluation with a reward scheme
• Accelerate implementation of telematics products by using MyMile in the cloud
• Reduce costs of telematics usage by avoiding the usage of cost-intensive on-board-units

MyMile is a product of msg global solutions AG registered in Switzerland (Number of the commercial register: CH-020.3.032.225-8) Eichwatt 3, 8105 Regensdorf, Switzerland.

For more information please visit [www.msg-global.com].