WNS Assistance, a part of the WNS insurance offering and a provider of end-to-end claims management solutions, has announced a new partnership with By Miles, an insurtech startup and motor Managing General Agent (MGA), to manage claims for a first-of-its-kind connected car insurance policy using the real-time data of the vehicle.
WNS Assistance will deliver 24×7 claims management solutions for the company’s pay-by-mile policies, a car insurance offering for drivers of connected cars who cover under 7,000 miles a year.
“The insurance industry is going through a metamorphosis across the globe. WNS is proud to be part of this dramatic evolution, and is constantly innovating to deliver solutions that help our clients disrupt the competitive landscape and offer exceptional experiences to customers. This partnership with By Miles for the world’s first connected car insurance is an excellent example of our capability,” said Keshav R. Murugesh, Group CEO, WNS.
By Miles is a UK company that provides pay-as-you-drive car insurance aimed at those who drive fewer than 7,000 miles a year. The company launched its first pay-by-mile policies in July 2018, using a plug-in device called a Miles Tracker to count mileage, and has now sold over 30,000 policies. The company recently launched its new policy for Tesla cars that goes one step further, collecting mileage data directly from the car over the internet, without the need for any additional device or software.
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.