Drivers with good habits can now save up to 25 per cent on their car
TORONTO, May 13, 2013 /CNW Telbec/ - Today, Desjardins Insurance is launching Ajusto, the first widely-available car insurance program
in Ontario to offer savings centered on usage-based insurance
technology. New and existing customers of Desjardins Insurance can now
save up to 25 per cent more on their car insurance based on their
"Desjardins Insurance is introducing an innovative and personalized
technology that helps transform the traditional model of car insurance.
By tailoring premiums to individual driving habits in addition to
traditional predictive factors such as age, gender, type of vehicle and
home location, drivers can now take control of their savings," said
Sylvie Paquette, President and COO of Desjardins General Insurance
Group. "Ajusto is one step that makes car insurance more affordable for
good drivers in Ontario."
Ajusto is a free and voluntary program available to all Ontario car
owners who drive a vehicle made in 1998 or later with limited
exceptions. The savings begin when participating customers join the
program and are applicable upon renewal of their insurance policy. The
program measures three factors to determine cost savings:
Distance travelled annually (up to 10 per cent off)
Extent and frequency of hard braking and acceleration (up to 10 per cent
Time of day the vehicle is driven (up to 5 per cent off)
Premiums will not increase as a result of participating in the program
nor will it result in any other adverse effects. Customers can opt-out
of the program at any time and without penalty.
"Savings with Ajusto are in addition to other savings offered by
Desjardins Insurance. Our studies show that our employees who
participated in a pilot program were on track to achieve an average
additional savings of 12 per cent," said Ken Lindhardsen,
Vice-President of Claims Operations and Legal Counsel. "When combined
with other Desjardins Insurance savings, Ajusto represents the ultimate
form of personalized insurance."
Ajusto customers receive a small wireless telematics device that is
quick and easy to install in the vehicle's diagnostic port, which is
usually located under the steering wheel. Customers can then track their driving habits and savings online. The information on
the online dashboard, which is only accessible by the customer,
includes a detailed graphic of the customer's driving habits that is
updated daily. The discount is calculated monthly.
The data collected by Ajusto is subject to strict privacy policies and
is not used for any other commercial purposes. The data featured on the
dashboard is analyzed by Desjardins Insurance on a confidential basis
solely to determine savings.
Desjardins Insurance also offers a similar program, Intelauto, to clients of The Personal Insurance Company, a Canadian leader in
group insurance. Ajusto and Intelauto are currently the only
usage-based insurance programs to be approved by the Financial Services
Commission of Ontario (FSCO) after passing a stringent review process.
Both programs are also being launched today in Quebec, and will be
offered in other provinces, following regulatory approvals.
While usage-based insurance programs are common in the United States,
Britain and Europe, the Ajusto and Intelauto programs are a made in
Canada solution. The wireless telematics device was developed by
iMetrik, a Montreal-based technology company, and both programs run on
Canada's largest high-speed mobile network with Bell.
For detailed information on the Ajusto and Intelauto programs, please
visit http://www.ajusto.com/qc/en or www.intelauto.ca.
For an overview of Ajusto, go to www.youtube.com/mouvementdesjardins.
About Desjardins General Insurance Group
A subsidiary of Desjardins Group, Desjardins General Insurance Group
provides home and car insurance to consumers across the country. With
3,700 employees across Canada, a portfolio of more than 2.1 million
policies in force, gross written premiums of $2 billion and assets over
$4.3 billion, DGIG ranks among the largest P&C insurers in Canada.
SOURCE: Desjardins General Insurance
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