IAG brand ROLLiN’ launches Safe ‘n Save app
IAG brand ROLLiN’ has launched a new telematics app called Safe ‘n Save that records driver data, then rewards customers achieving good scores with a premium discount of up to 15%.
The app uses smartphone GPS, accelerometer and gyroscope to assess acceleration, speeding, braking, taking corners and phone use.
The information is then calculated through the app to generate an overall Policy Score after 30-days. Around 75% of customers using the app in a three-month trial were rewarded with a discount for safe driving, the insurer says.
Drivers can track their recent trips, monitor and assess their driving behaviours, and receive a real-time score. The app has already captured over 100,000kms of trips.
“Through this innovation we are encouraging safe driving as well as helping our customers to save money. It’s a win-win,” ROLLiN’ EM Brendan Griffiths said.
IAG launched the flexible pay-by-the-month car insurance brand in 2021 to cater to younger Australians. Mr Griffiths says the brand’s growth doubled last financial year, and monthly customer renewals are at 97%.
Safe ‘n Save is currently available to business-use insurance customers with plans to extend the offering to all ROLLiN’ customers soon.