eServices Announces Telematics Exchange for Insurance Companies

Turnkey solution to combat Commercial Automobile trends

PEABODY, Mass.--(BUSINESS WIRE)-- eTechnology Services, a division of eServices, announces the launch of the Telematics Exchange that provides insurance carriers the ability to easily access their insureds’ identifiable telematics data from multiple telematics providers. The Telematics Exchange captures the data, performs the analytics, and presents the data in a usable format.

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“With the erosion of the commercial auto industry, there is no better time to incorporate telematics,” Kevin Seth, President of eTechnology Services. “Better data driven decisions are achievable with the new real-time telematics information that is not available to most carriers.”

The Telematics Exchange provides the data necessary to improve risk selection, pricing, claims handling, and enables a proactive approach to risk management. The program offers built-in analytics and customized dashboards to refine risk models, enhance pricing, and develop custom insurance programs.

“Telematics enables endless possibilities,” Chris Bernard, VP of Product Development, eTechnology Services. “Telematics can provide value for any commercial automobile policy not just Usage Based Insurance (UBI) programs.”

The Telematics Exchange is currently available through eTechnology Services, a division of eServices Companies. For more information, visit www.etechnologyservices.com. To stay up to date on news and industry information from eServices and eTech Services, find us on LinkedIn, Facebook and Twitter.

About eServices Companies
eServices Companies are subsidiary companies of Energi, a leading provider of insurance and risk management services. The specialized platform is focused on providing turnkey risk management, claims, marketing, and technology solutions through its various entities. eServices is comprised of spin-off companies developed under Energi, Inc. These companies include eClaims Management, eRisk Solutions, and eTech Services. eServices was developed to make services, unique to Energi, available to a wider audience and to deliver small and middle market companies with mechanisms to manage exposures, drive down losses, and reduce expenses. To learn more about eServices and its platform solutions, visit www.eservicesco.com.

About eTech Services
eTech Services is a technology solutions provider based in the Boston metro area that is focused exclusively on the insurance vertical. eTech Services’ strong domain expertise has allowed us to create customizable products that address both operational and client-facing business needs. These applications include data storage and output, underwriting analytic systems, risk and claims management activity trackers, and online-based training platforms. The goal of the eTech Services products is to streamline procedures, improve decision making processes, and drive results.

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eServices Companies

Megan McCarthy, 1-978-531-1822 x 360

AVP Government and Public Relations

mpmccarthy@eservicesco.com

Source: eServices