Startup InsurTech Award - Waypals

1. www.waypals.com

2. Source: Machina Research
2016
2020
20%
90%
EmbeddedInternet…
Waypals Confidential

3. • Connected
• Informed, Secure
• Entertained
• Driving Behaviour
• Secure Loans
• Less Claims
• UBI
• Real-time Car Data
• Consumer Connect
• Reduced Recalls
• CRM
Insurance
company
Connected
Network
OEM
Building EcoSystem…
Waypals Confidential

4. ConnectedVehicles…
In-Vehicle Technologies have “Greater Influence” over the vehicle purchase decision,
than vehicle’s Driving Performance.
In-Vehicle Technologies are classified as below:
• Security
• Connectivity
• Convenience
• Infotainment/Entertainment
Waypals Confidential
3%
4%
7% 7%
12% 12%
15% 20%
7%
12%
1 2 3 4 5 6 7 8 9 10 In-Vehicle
Technology
Driving
Performance
**Accenture Research

5. Waypals Strategy…
In-Car Technologies is classified as below:
• Security
• Connectivity
• Convenience
• Infotainment/Entertainment
Across the globe, most focused In-Car technology is Infotainment/Entertainment.
Infotainment ConnectivitySecurity ConvenienceConnectivitySecurity
Waypals Focus
Waypals Confidential

6. WaypalsFeatures…
Key Technologies (Security & Connectivity):
• Emergency Calling / Crash Alerts
• Telematics Insurance (UBI/PAYD/PHYD)
• Location Based Breakdown Service
• Incidence Reporting
• Stolen Vehicle Recovery / Immobilizer
• Vehicle Diagnostics
Incidence Reporting Stolen Vehicle
Recovery
Vehicle Diagnostics
eCall Insurance Location Intelligent
Breakdown Service
**Accenture Research
Use Would like to Use Not Interested
Waypals Confidential

7. WaypalsStrategy…
Remote Services Vehicle Health Report
Vehicle Lifecycle
Management
Second Used
Car Report
Using Will Start Using Will Consider in Future Not Interested
Convenience Services…
**Accenture Research
Waypals Confidential

8. 20%
InsuranceIOT…
Waypals Confidential
Insurance IOT connects Insurer with people and their risks.
Auto insurance is the most important line of insurance business globally. It’s
42% of all Property and Casualty Insurance Global Market.
Auto
Other
P&C
Global Market Emerging Market Developed Market

9. Industry Drivers/Challenges…
Waypals Confidential
Costs 11%
Data Management
Complexity
32%
Privacy 22%
Short Term Strategy 35%
Source: Observatory of Telematics
Drivers:
• Losses due to competitive Pricing
• Rising claim costs and frauds
• Provides better pricing of risk
• “Value Added Services”
• Decreasing technology costs
• Next phase of growth
Challenges

10. ‘WAYPALS’
PRODUCT OFFERING

11. 20%
90%
About Waypals…
Waypals Confidential
Waypals isthe most advanced andcomprehensive Connected Vehicle Service.
Waypals Service is fully hosted andcompletely managed with high service level guarantees foravailability andscalability.
Waypals makes Connected Services accessible for consumer and it is as easy as plugging a device in a vehicle, and logging
intoa Web Portal/Mobile App tostartusing it.
It provides various features around Vehicle Security, Car Data Analytics, Social Networking (Find/Follow Friend) and
Location Intelligent Services including e-Call, b-Callandi-Call.
Waypals keeps consumer/vehicle data safe and secure, with strict authorization and access control. It provides real-time
predictive data analytics, integration with vehicle sensors andback-office software services.

12. One Cloud…
Cloud Platform
Internet
Waypals Mobile App Waypals Web Portal
Multiple Platforms, Similar Experience
Waypals Confidential

13. WaypalsDevices…
Waypals Confidential
Waypals Telematics Device
Waypals also provides Connected Vehicle Systems using
TelematicsDevices.
These devices need to be hard wired to the vehicle and so
needafitment.
Apart from all features provided by Waypals, this device
providesRemoteVehicle Immobilization..
Waypals OBD Device
It is a Connected Car device,which plugs into OBD II port of
acar.
OBD device connects your car to Waypals platform and
enables host of Connected-Car services provided by
Waypals.
It’s a simple Plug-N-Play device and doesn’t need any
expertfitment.

14. Feature List…
Waypals Confidential
Live Map View - Waypals provides you the real-time location of your vehicle. It also helps you to
find your car in Malls or public parking by showing your location (Cell Phone) and your car’s
location.
Vehicle Immobilization – In case your vehicle is stolen, you can immobilize your vehicle using
Waypals Mobile App.
Geo-Fencing - You can earmark a certain area on the map and set alerts depending on whether
the vehicle is present in that area or not.
Secure Park Alert - When your vehicle starts, Waypals notifies the user that the vehicle has been
started through SMS/Push Notification/Email.
Speed Alert - You can receive Notifications if the vehicle crosses a preset speed limit.
Incident Reporting - In case of any Accident, Theft or Breakdown, you can use Incident Reporting
Mechanism to communicate with Waypals Team, Insurance Company and OEM.
SOS/Panic Alert (E-Call) - In case on emergency situation user can reach out to their emergency
contacts, India Emergency Number (112) at a click of a button on Waypals Mobile App.

15. Feature List…
Waypals Confidential
Information Call (I-Call) - You can reach out to our Information providing center on a click of button
if you need any information or assistance at any point of time.
Device Unplugged Alert - If the Waypals device is removed or disconnected, it will send the
notification on registered mobile phone
Expiry Date Alert - As your vehicle nears the insurance policy expiry, Pollution Check Expiry date,
Service Due Date, you get reminders for renewal.
Documents Case - Documents case is a convenient way to digitally store your vehicle related
documents on Waypals Platform. You can access your documents anywhere from our mobile app.
Location on Call – If your vehicle is in “No Network” Zone, you can get location of your car by
calling your device. Device will send you the location through SMS.
Trip Analysis/UBI - Trip Analysis and Usage Based Insurance processing is done and data is
provided to Insurance Companies for providing better premium pricing.
Driving Score – Waypals provides driving score based on driving behavior of the driver. This
Driving Score can be used by Insurance Companies for better premium pricing.

16. THANK YOU
Waypals Confidential
Email: sukhvinder@waypals.com
Phone No.: +91 9650502747
https://www.facebook.com/waypals/