Drive down claim costs and get ahead of the competition
With drivers and vehicles becoming ever more connected, the use of telematics and video enables insurers to develop a more accurate picture of risk and adopt new approaches to managing risk.
Quest Motor combines multiple data sources in one, simple, easy to use application and analyses them to discover new insights into risk.
With a clear, real-time understanding of driver behaviour and its impact on risk, insurers, reinsurers, MGA’s and brokers can select risk more effectively, take a more proactive approach to encourage safer driving behaviour and when a collision occurs, act quickly to mitigate losses.
Quest Motor can also automate your business processes to help with efficiency gains and keeping control of operational costs.
A clear understanding of driver behaviour and risk
Corner braking, speed, rural exposure or night driving are far better indicators of risk than where a driver lives or the value of their vehicle. By combining driver behaviour data from telematics and video devices with traffic patterns, local weather and anonymised national collision data, Quest Motor provides a clearer view of risk to the insurance market.
Armed with new insights into risk, the market can expand upon their expertise and industry knowledge to re-engineer traditional insurance models. The industry can confidently select and manage risk more effectively, resulting in reduced claims, more adequate pricing of premiums and increased profitability.
Proactive risk management
Quest Motor alerts insurers to risky events such as speeding, fast cornering, tailgating, and other dangerous driving behaviours to enable them to act fast.
Risky driving behaviours increase policyholder premium prices. Insurers can take steps to encourage and reward safe driving behaviour with reduced premium prices and other incentives.
Quest Motor helps you strengthen customer relationships, automating communication regarding driver behaviour data, safety tips, and policy information. Insurers can help to improve the safety of their policyholders and reduce collisions.
First Notification of Loss (FNOL)
We can’t prevent every collision from happening, we can, however, help you take control, speed up the claims process, and reduce the costs associated with a claim.
Pulling together dynamic, real-time data from vehicle sensors, telematics, video and other relevant datasets, Quest Motor delivers automated collision reports within minutes. Enabling insurers to act quickly to take control of the claims process and mitigate losses.
Contact the policyholder to ensure that vital information is gathered at the scene; secure the use of preferred suppliers for repairs, hire cars and legal proceedings; and minimise unnecessary delays in the supply chain. All of these steps help to reduce the costs associated with a collision.
Discover new revenue opportunities
Quest Motor is designed to help you identify new ways you can help to protect your clients when they’re out on the road. From risk management consultancy services to advanced driver training, flexible policies tailored to their unique requirements or a whole new business sector - Quest Motor highlights opportunities to help grow your business.
Be the most innovative and trusted insurance provider the market has ever seen by using the tools to give you an advantage in a highly competitive market.
Make sure that you’re in the driving seat
Quest Motor works with a range of different hardware options and is quick and easy to set up and use. If you want to take a different approach and manage risk more effectively whilst building stronger relationships with your customers, contact us to discuss your requirements.