AIG Asia Pacific Insurance Pte. Ltd. (AIG Singapore) has launched a nationwide search to find Singapore’s best drivers with “AIG On the Go,” a telematics-based smartphone application.
“AIG On the Go” scores drivers’ performance every time they get behind the wheel, using telematics to measure driving performance against a range of factors, including acceleration, braking, cornering and speed. The app provides a score for each completed journey, as well as useful driving tips, the company explained.
Until June 30, 2017, the driver with the highest score will be crowned AIG Singapore’s “Best Driver in Singapore” and win prizes worth S$10,000 (US$ 7,000), including free fuel for one year valued at S$5,000 (US$3,500), car spa vouchers worth S$2,000 (US$1,400) and a customized S$3,000 (US$2,100) AIG Singapore CashCard.
The app enables motorists to influence their AIG Singapore car insurance premiums by improving their driving behavior, said AIG.
“Safe drivers with high scores – regardless of whether they are new or existing customers with AIG Singapore – will be rewarded with discounts of up to 15 percent off their annual AIG Singapore car insurance premiums,” added the company.
“This is part of our commitment to create safer communities in Singapore, where more than half of drivers admit to being unsafe on the roads…,” said AIG Singapore’s head of Auto Insurance, Manik Bucha, citing an AIG Singapore survey conducted in 2015.
“While the conditions on the roads have generally improved based on the latest traffic police’s data, we also saw some areas that could be improved,” Bucha added. “For example, injury accidents rose from 8,058 cases in 2015 to 8,277 incidents last year. This increase of 2.7 percent reflects a continued upward trend over the last four years.”
AIG hopes by incentivizing drivers to cultivate good road safety habits with dollar savings, it can help “reduce traffic incidents and build a larger community of safer road users,” he went on to say.
In an effort to challenge driving stereotypes, participants can also enter the “Men vs Women – Who are the Safer Drivers?” team contest. Running from now to April 30, 2017, the competition pits male and female drivers against one another, and will end the debate once and for all about which gender are better drivers in Singapore, AIG said.
With AIG Singapore’s survey in 2015 showing that younger drivers are more likely to exhibit reckless behavior on the road compared to older drivers, the app includes a parental control feature that is designed to enable parents to track their children’s driving behavior.
“Our survey showed that almost 70 percent of Singapore drivers would consider installing a telematics device in return for lower car insurance premiums, and more than half of drivers believe telematics would change their driving habits for the better. We believe our new app will result in positive, long-term changes in road safety,” Mr Bucha added.
AIG said it is part of Together for Safer Roads, a global coalition of private sector companies that uses its members’ data, technology and networks to improve road safety.
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