Edward Carter14 Jun, 2022News
Igloo enhances insurance companies with respect to premium calculations and claim settlements by providing usage-based insurance to consumers. The company utilizes an IoT-based plug and play device installed in the consumer?s car. The device analyzes five different factors in their driving ? distance, speed, duration, areas driven, and time of day. The data is then used to calculate fair and reasonable premiums and when it comes to making claims, a seamless digital experience allows users to do so effortlessly.
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