Swiss Re powers new telematics solution BlaBlaCar Coach
Swiss Re is partnering with carpooling company BlaBlaCar and car insurance specialist L’olivier Assurance to introduce BlaBlaCar Coach, a smartphone app that offers car insurance alongside personalized coaching and tips for safer driving.
Powered by Swiss Re’s telematics solution Coloride, the BlaBlaCar Coach app can be activated when a new driving journey starts. The app then analyzes the driver’s conduct at the wheel, including phone usage and other distractions, without any additional equipment having to be installed. At the end of the ride, the app provides the driver with recommendations to develop a safer driving style.
The BlaBlaCar Coach app is available with co-branded annual car insurance named “BlaBlaCar Assurance par L’olivier”.
“We are delighted to have the privilege to initiate this collaboration with the global leader in alternative mobility, BlaBlaCar, and an insurance partner of the calibre of L’olivier Assurance. The powerful combination of BlaBlaCar’s mobility tech expertise and reach, L’olivier Assurance’s ability to devise an attractive motor product and Swiss Re’s superior scoring and analytics capabilities have the potential to transform this important segment of the motor industry. We are excited about the product launch.” – Walter Eraud, CEO France, Belgium and Luxembourg at Swiss Re.
“With millions of people in our community sharing cars and buses every day, BlaBlaCar has a responsibility in making the road a safer place. We have always leveraged technology to transform the way people travel. Creating a new and improved driving experience, the BlaBlaCar Coach app, together with its insurance offer, is a way to put Swiss Re and L’olivier Assurance’s expertise into practice at the service of drivers. Every driver engaged in this process will have a direct impact on their own safety and savings, and, at a larger scale, an even bigger impact on road safety and sustainability.” – Nicolas Brusson, co-founder and CEO of BlaBlaCar.
“At L’olivier Assurance, the client is always at the heart of everything we do. That is why we are very proud of joining forces with BlaBlaCar and Swiss Re for the launch of a novel and innovative product that responds to the market needs with a sustainable approach that is also good for our planet.” – Pascal Gonzalvez, CEO France at L’olivier Assurance.
The news follows BlaBlaCar’s $115 million funding round which was announced in April, bringing its total funding to date to over $563 million. In addition to Swiss Re and L’olivier Assurance, BlaBlaCar also has a partnership in place with AXA to offer drivers carpooling protection for €2 per trip.