Close dialog
 
img_MCLInsurance-H

MCL Insurance creates bespoke approach to car insurance

Case Study

MCL Insurance is a Ready Business

Case Studies | June 2017

MCL+Insurance_logo

MCL Insurance creates bespoke approach to car insurance, with Vodafone Automotive

Business Need

MCL Insurance has a history of creating successful products for distinct segments of the insurance market. Its latest product, Boxymo, is an on-board black box which records the driving behaviour of insurance customers, allowing the company to determine driver risk and adjust insurance premiums accordingly. In order to bring the maximum benefit to both MCL and its customers, the company needed to access per/second reporting from its ‘on board’ black boxes, as well as pinpoint GPS tracking. It also needed a partner that could provide a complete end-to-end solution, with the ability to support overseas growth.

Solution

The Vodafone Automotive Platform provides a comprehensive solution to MCL that includes the telematics black box with GPS, GPRS and GSM positioning, with the managed connectivity service from Vodafone and enriched data services. The solution improves the accuracy of driving KPIs, reduces false alarms and helps manage first notifications of loss.

By receiving accurate driving KPIs on a daily basis and capturing data as it happens in the event of an incident, MCL Insurance will reduce its exposure to risk, allowing it to operate more effectively. In the long term this will help MCL Insurance to enhance its customers’ experience, create more refined customer profiles and offer a more accurate premium.

Business Benefits

  • Cements leadership position in Irish insurance telematics
  • Expects market to grow x 5 by 2020
  • Ensures per/second capture of driving data
  • Strengthens ability to expand into new segments and international growth
“Vodafone has been hugely helpful in getting the boxes up and running. We’re looking at international expansion – either directly or selling the platform through another service provider and we may explore commercial vehicles, haulage and taxis.”

Gary McClarty,
Managing Director, MCL Insurance

Related Documents

Related articles

Did you know?

ratings-or-favourite

Gartner has positioned Vodafone as a Leader in its Magic Quadrant for Managed M2M Services, Worldwide report 2017, for the fourth consecutive year

white-recommendation.png

We are the world's largest IoT services provider
country-or-international

Vodafone IoT have connected over 65 million devices worldwide

Google Plus