Innovate With Precision. Personalise Without Complexity.
ICE-Tech Usage-Based Insurance (UBI) enables insurers to offer flexible, usage-driven insurance products that adapt to how customers live, work and engage, not static assumptions.
Live today and proven in market, ICE-Tech UBI gives insurers a configurable, fully automated solution to launch usage-based propositions across any line of business, with the control, transparency and scale required for enterprise operations.
Why Usage-Based Insurance Matters Now
Customer behaviour, cost pressures and lifestyle change are redefining what insurance needs to deliver. Usage-based insurance allows insurers to put customers in control of their insurance cost, while improving retention, engagement and long-term value.
- Customers expect pricing that reflects real usage, not fixed assumptions
- Cost-of-living pressures increase demand for flexible, pay-as-you-use models
- Static pricing struggles to adapt to changing lifestyles and activity patterns
- Usage-based models encourage renewal rather than cancellation
- Subscription-style insurance aligns with modern consumer expectations
- Transparency and flexibility strengthen trust and loyalty
Usage-based insurance is no longer niche. It is becoming a strategic capability for insurers focused on retention, fairness and sustainable growth.
Trusted By Global Leaders In Insurance
A Proven, Configurable UBI Framework
ICE-Tech UBI is a full turnkey solution, built on a highly configurable, workflow-driven framework that automates the entire usage-based insurance lifecycle.
The platform ingests real-time usage data from external systems, applies configurable pricing logic, and automates customer communication, billing and payment, all embedded within ICE-Tech’s core platform.
Configurable Workflow Engine
Define how usage data is processed, rated and applied without code. Configure units of measure, usage periods, thresholds and charging logic to match customer and product needs.
IoT and Data Integration
Connect securely to a wide range of IoT devices, telematics platforms, mobile apps and smart devices through external gateways and APIs.
Intelligent Rating Logic
Apply static risk-based analysis alongside usage data to determine cost per unit. Combine traditional rating with real-world usage for fair, transparent pricing.
Automated Billing and Payments
Automate monthly invoicing, usage summaries and payment collection. Reduce operational effort while delivering clear, consistent customer communication.
End-to-End Automation
Support onboarding, mid-term changes, renewals and ongoing engagement through configurable, automated workflows.
Built to Scale
Designed to support high volumes, multi-region deployment and evolving product strategies without re-engineering.
Why Insurers Are Adopting Usage-Based Insurance
Benefits for Insurers
- Stronger customer retention and lifetime value
- Faster product innovation without platform rebuilds
- Reduced cancellation through flexible pricing models
- Automated operations with lower servicing cost
- Transparent, compliant pricing logic
Benefits for Customers
- Insurance costs that reflect real usage
- Flexibility when lifestyles change
- Clear understanding of how pricing is calculated
- Fairer outcomes and greater control
Usage-based insurance shifts insurance from a static contract to a responsive, customer-centric relationship.
Enterprise Security, Data Handling, And Compliance
Usage-based products rely on continuous data flow across multiple sources. ICE-Tech ensures this data is handled securely and responsibly.
Secure data ingestion
Full audit trails
Encryption in transit and at rest
Permission-driven data usage
Role-based access controls
GDPR-aligned practices
Transparent scoring logic
Why Insurers Choose ICE-Tech UBI
- Fully automated, configurable UBI solution
- Live, proven implementation in market
- Applicable across multiple lines of business
- Turnkey delivery with minimal operational overhead
- Embedded within the ICE-Tech platform
- Enterprise security and regulatory confidence
