Shortfacts - December/January 2017


Efficient billing of telematics tariffs
IT and business consultancy ConVista is launching a new usage-based insurance (UBI) solution for the motor vehicle sector. Usage- and behavior-based billing makes it possible to design and offer tariffs precisely according to the needs and driving behavior of customers.
By mapping a pay-as-you-drive process using the ConVista UBI solution, products in the context of telematics for usage-based billing can be implemented quickly and easily.
The basis for this is a holistic solution approach from the transmission of telematics data to the transfer to an inventory and billing system. The high-performance real-time solution based on the Hana cloud platform is used to calculate the premium for a UBI.
Telematics data from the SAP HCP app Vehicle Insights and product data from the inventory and product management systems are used for this purpose. The calculated premium is then transferred to a payment system such as SAP FS-CD for further processing.