, a Singapore-based subsidiary of Liberty Mutual Insurance Group, has released a new telematics app for its motor insurance policyholders.
The app, DriveWell, was developed by Cambridge Mobile Telematics (CMT) and measures the driver’s behavior in five categories: acceleration, cornering, speeding, braking, and phone distraction. It also provides driving tips after trips are logged and a performance evaluation is provided. Weekly competitions and promotions also give drivers a chance to win prizes.
“By becoming more aware of their behaviors, drivers can learn to be safer behind the wheel,” said Chang Sucheng
, CEO of Liberty Insurance
. “[DriveWell] is an innovative way to make safe driving fun and exciting. Drivers can get useful feedback, see how they compare with other drivers and challenge their friends."
According to Liberty Insurance
, CMT’s telematics program can help improve drivers’ behavior, reducing hard braking and speeding by up to 20% within a month of use. Aside from Liberty, insurers Aioi Nissay Dowa of Japan and Electric Insurance of Ohio, USA also use telematics solutions developed by CMT.
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