EXPRESSWAY INSURANCE

This is a China-focused product that uses toll data to develop insurance premiums for expressway usage.

Risk factor rating system (RFRS) specifically for expressway usage

BRDA’s expressway insurance is designed to commence when a vehicle enters the expressway and terminates upon leaving.

Based on about 26 million daily transactions, this product allows insurance players to expand their product offerings to include expressway insurance for vehicles. Targeted at the dangerous and busy expressways in China, this is an essential product for insurance players that are planning to enter or expand into this relatively new market segment.
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BIG BENEFITS


1. Greater customer experience by identifying the best coverage for them without squeezing margins
2. Accelerates revenue growth with expanded product offerings
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