Bajaj Allianz General Insurance launches 'Drive Smart' service

Posted by sanjay on October 3rd, 2016

Bajaj Allianz General Insur­ance on Monday launched a telematics-based offering — 'Drive Smart' — to reward cus­tomers who drive safely and well.

This will be done through a device fitted in the car and through the company's mo­bile app which provides real­time feedback on driver beha­viour — including on over-speeding, changing gears in the wrong fashion, too much idling or driving rashly. It will provide a whole range of stat­istics, including the time

spent driving, the distance travelled, the likely fuel con­sumption as well as the amount saved by right driv­ing practices. There is also a one-touch call feature that al­lows for 24/7 roadside assist­ance in the event of an emer­gency or breakdown. Customers can opt for this while buying motor or car insurance policy from the company.

Tapan Singhel, MD & CEO, Bajaj Allianz General Insur­ance, explaining the thought process behind launching this service, said that cur­rently good drivers end up

subsidising the bad ones. Also, while everyone wants to be a good driver, no coaching or mentoring is imparted subsequent to the driving li­cence test.

There is also the absence of speed controls and breach no­tifications that would enable drivers correct their own driv­ing behaviour. The telematic device will address these shortcomings and provide feedback which will help cor­rect driver behaviour, make roads safer and eventually help reduce costs — both fuel as well as premium costs for the customer.