Solutions > Insurance

The MTS™ Insurance solution interfaces with the Spetrotec Mini-Tracking System (MTS™) to monitor vehicle location and provide real-time alerts when the vehicle has been involved in an accident.
The MTS™ is a versatile and cost-effective GSM GPRS/SMS monitoring unit that provides online tracking capabilities for vehicles, trucks and motorbikes. The unit utilizes the global positioning system (GPS) to lock on vehicles' coordinates and uses the cellular network for data transmission.
The MTS™ provides the essential features applicable for most AVL services, such as the tracking and retrieval of stolen vehicles, and fleet management. The MTS™ Insurance solution consists of the main tracking unit and the MTS Accident sensor that provides real time information and alert at the time of the impact. The sensor alerts whenever the installed vehicle hits or has been hit by another vehicle, and provides real-time information and alerts at the time of the impact including information on the place & G force of the impact as well as the geographical location of the vehicle that was hit.
The MTS™ Insurance solution is designed to meet strict automotive standards for durability, power consumption, and temperatures.

Features and Benefits:

The MTS™ Insurance solution provides the following features:
• Real-time vehicle location
• Various reports on vehicle usage
• Notification of towing attempt
• Real-time accident notification
• Indication of place and time of the accident
• Indication of direction and power of the hit

The MTS™ Insurance solution provides the following benefits:
• Reduction of claims costs connected with fraud:
• Buying a policy after a loss has occurred and making a claim
• Claiming more damage than actually occurred
• Intentionally causing or staging auto damage or accidents
• Falsely reporting a vehicle as stolen
• Reduction of claims costs due to car theft:
• Prevention
• Location and retrieval
• Improvement of underwriting taking into account:
• Total driving time
• Total mileage
• Predominant time of the day of driving
• Improvement of segmentation and overall long-term portfolio quality:
• Offering incentives to retain profitable clients
• Refraining to insure potentially dangerous vehicles

Gaining positioning of innovative company:
• Introducing PAYD products
• Offering additional level of service to clients