IVOX projects that personal line insurance carriers should be able to reduce claims by at least 20 %. By reducing claims, staffing can be reduced in claims administration.
 
     
 
Provides a driver with a privacy firewall allowing for personal GPS data to be collected and analyzed while maintaining the privacy and integrity of the customer's granular GPS and GIS data.
Provides an early warning mechanism to identify problem drivers and predict potential claim events.
Can lead to reductions in customer acquisition costs.
A personal lines carrier should use IVOX.
The ability to "rate to the risk' and the ability to grow Market share and increase profitability simultaneously .