Sprint Teams with IMS to Offer you Premium Turnkey Insurance coverage Telematics Answer

IMS UBI Intelligence powered by DriveSync(R) an market-top solution with end-to-finish positive aspects

 OVERLAND PARK, Kan. & WATERLOO, Canada--(Business WIRE)--March 05, 2014-- 

Sprint (NYSE: S) today announced that IMS UBI Intelligence is now offered via its Integrated Insurance coverage Remedy portfolio for automobile insurance clients, provided by Intelligent Mechatronic Systems (IMS), a leading linked automobile organization.

“Our auto insurance carriers have been requesting a single supply for all their UBI (utilization-primarily based insurance) requirements,” explained Mohamed Nasser, director – M2M Merchandise and Advertising and marketing, Sprint. “We have selected IMS due to the fact they give the most total, turnkey resolution available on the industry nowadays, like hardware, logistics, assistance, secure information warehousing and analytics.”

The interest in UBI continues to peak as insurance businesses customize their in-car offerings for broad customer groups, such as each day commuters, new drivers and industrial fleets. IMS UBI Intelligence offers insurers an accurate way to produce a drivers score (policy premium) primarily based on their real driving conduct, coupled with the capacity to find out new, connected income streams. These benefits are then passed along to consumers who might acquire lowered automobile insurance coverage fees by selecting to plug a telematics gadget into their vehicle’;s port to measure driving information (distance travelled, automobile braking and acceleration patterns). Due to the emerging positive aspects to drivers, Frost & Sullivan forecasts annual growth of the UBI market place to be 36% per year, with the U.S. industry reaching one million annual activations by 2017.

IMS UBI Intelligence is the premier turnkey answer removing the need for insurers to work with a number of suppliers or partners ahead of implementation. “Technological innovation is moving quickly and IMS is pleased to collaborate with Sprint to supply our DriveSync linked automobile platform offered right now to insurers,” mentioned Ben Dailey, U.S. Director – Revenue and Enterprise Growth, IMS. “With IMS UBI Intelligence, insurers now have a completely customizable device at their fingertips that they can deploy to a assortment of buyer segments.”

To take total advantage of the DriveSync platform, Sprint also plans to bring extra plans to their customers, such as remedies for coaching younger drivers, infotainment solutions, vehicle diagnostics and fleet management remedies.

To understand about IMS UBI Intelligence, now supplied by Sprint, pay a visit to http://www.intellimec.com/ubi.

About Sprint

Sprint (NYSE: S) gives a thorough selection of wireless and wireline communications companies bringing the freedom of mobility to customers, businesses and government users. Sprint served far more than 55 million buyers at the end of 2013 and is widely recognized for creating, engineering and deploying innovative technologies, like the initial wireless 4G support from a nationwide carrier in the United States major prepaid brands including Virgin Mobile USA, Improve Mobile, and Assurance Wireless instantaneous nationwide and global push-to-speak capabilities and a international Tier 1 Internet backbone. The American Customer Satisfaction Index rated Sprint as the most improved organization in consumer fulfillment, across all 47 industries, in the course of the final 5 many years. Sprint has been named to the Dow Jones Sustainability Index (DSJI) North America in 2011, 2012 and 2013. You can learn far more and visit Sprint at www.sprint.com or www.facebook.com/sprint and www.twitter.com/sprint.

About Intelligent Mechatronic Systems

IMS is a leader in linked auto technology that permits drivers to be safer, smarter and greener. The exclusive strategy of converging in-vehicle infotainment, automotive telematics and wireless engineering has resulted in an remarkable variety of answers. From insurance and government, to fleets and every day drivers, IMS technological innovation revolutionizes industries. For more data, go to www.intellimec.com.

Pictures/Multimedia Gallery Available: http://www.businesswire.com/multimedia/house/20140305005295/en/

 Speak to: Sprint 

Stephanie Greenwood

Media Relations

913-315-1612

stephanie.greenwood@sprint.com

or

Intelligent Mechatronic Techniques

Stephanie Frisina

Media Relations

519-745-8887 x4333

sfrisina@intellimec.com

 Supply: Sprint and IMS Copyright Organization Wire 2014 

The Wall Street Journal news division was not involved in the creation of this material.

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