NRZ Technologies / Insurance
Insurance telematics & UBI consulting
NRZ advises insurers on vehicle telemetry, usage-based insurance (UBI) and connected property risk. The starting point is the underwriting or claims decision, rather than a device catalogue.
Who it is for: Motor and property insurers, managing general agents and fleet insurance teams.
Request a 30-minute consultation ↗Where we can help
- Usage-based motor insurance: PAYD and PHYD
- Crash detection and claims workflows
- Sensor-based property risk prevention
A useful starting question
A pilot produces trip data, but the team cannot connect it to a useful insurance workflow.
Agree which decision the pilot should support, how the data reaches it and what evidence would justify a wider rollout.
What is the difference between PAYD and PHYD?
Pay-as-you-drive (PAYD) uses the amount driven. Pay-how-you-drive (PHYD) uses driving behaviour. Both are forms of usage-based insurance; the data requirements depend on the product design.