The Digital Insurer has done a high level commentary on Insure the Box. There is a video available at www.the-digital-insurer.com

1. Telema&cs
InView
–
Insure
The
Box
1
Why
Telema*cs?
ç
“As
we
see
the
development
of
technologies
like
driverless
cars,
we
will
probably
get
to
a
point
in
30
years
where
insurance
looks
nothing
like
what
it
does
now.
The
key
for
us
is
to
keep
on
top
of
those
trends
by
remaining
close
to
the
manufacturers.
The
MS&AD
deal
does
just
that.”
-­‐
Mike
Brockman,
CEO,
Insure
The
Box

2. Insure
the
Box
–
UK’s
Leading
Telema&cs
Insurer
Background
Founded
in
2010,
Insure
the
Box
was
the
UK’s
first
telema*cs
solu*on
provider
Insures
more
than
300,000
drivers
and
reports
an
average
saving
of
£575
made
by
drivers
below
25.
Has
>
2
billion
miles
of
data
Owns
a
sub
brand
‘Drive
like
a
girl’,
a
regula*on
driven
innova*on
Majority
sold
to
Japanese
insurer
MS&AD
for
approx.
US$150
million
at
end
of
2014.
MS&AD
has
strong
strategic
partnership
with
Toyota
Commentary
&
insights
Insure
the
Box
has
captured
the
Telema*cs
opportunity
and
has
moved
beyond
the
pricing
advantages:
• Also
serves
as
the_
recovery
and
accident
alert
system
• Driver
Self
Appraisal
Reports
helps
save
life,
fuel
and
environment
• Lowers
acquisi*on
cost,
eases
claims
management,
delights
customers
Insure
The
Box
have
established
a
strong
business
model
in
all
key
areas
including
branding.
Their
sale
to
MS&AD
recognises
the
importance
of
car
manufacturers
in
the
rapidly
emerging
eco-­‐system
2
Policy
with
different
mileage
op&ons

3. Customer
Focused
3
The
Box:
Customer
Centricity
?
“
Accident
alert
services

4. Innova&ng
on
branding
4
New
approach
to
insurance
targe&ng
safe
drivers
Regulatory
driven
innova&on
Dashboard
drives
behavioural
change

5. Contact
The
Digital
Insurer:
hugh.terry@the-­‐digital-­‐insurer.com
5
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