Zendrive, which claims to use data and analytics to improve auto insurance and claims, has teamed up with bolt to help insurers acquire safer drivers.
The deal will see bolt leverage the Zendrive Insurance Qualified Leeds solution, which is powered by mobility risk intelligence, to help insurers acquire safe drivers. Through the partnership, consumers in the bolt Exchange can opt-in to take a digital test drive experience, which can qualify them for an insurance discount from certain providers.
By providing insurers with risk behaviour before acquisition, the firm can make more accurate prices and make it more affordable.
bolt CEO Jim Dwayne said, “Building a digital customer acquisition motion is difficult and pricey for insurers large and small. Acquiring superior risk digitally is even more difficult to do at scale. By partnering with Zendrive, bolt can now provide more visibility and transparency into actual driver risk to insurers who are trying to make smarter customer acquisition decisions, at a huge scale and with superior digital customer acquisition value,”
“We want our insurance partners to use risk insights to acquire safer drivers and ultimately increase profitability and Zendrive’s IQL solution is the only reliable, scalable, and proven way to get it done seamlessly.”
bolt chose to work with Zendrive due to its emphasis on leveraging technology to connect insurers and customers through embedded experiences.
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