HIMEX Launches UBI 3D™ for Personal and Commercial Lines Insurance: a Single Platform for Usage Based Insurance in a Game-based Virtual World

SCOTTSDALE, Arizona, May 7, 2013 /PRNewswire/ --

HIMEX, the shortest, fastest, most complete route to usage based insurance, announces the global launch of its UBI 3D™ product for auto insurance. HIMEX UBI 3D offers a true end-to-end solution that supports both personal and commercial lines using its patented approach which combines the 3D Virtual World, a common infrastructure and a Platform as a Service business model. HIMEX acquired The Evogi Group in 2012, allowing the combined operation to offer gamification-enabled usage based insurance and smart fleet management solutions worldwide.

"Our aim is to bring something truly transformational to the usage based insurance market for personal and commercial auto," said Hassan Sadiq, Chairman and CEO. "HIMEX UBI 3D helps insurance carriers to raise the stakes in terms of consumer engagement, by providing a personalized, immersive online experience designed to support and reward safer driving and therefore reduce accidents and claims-related costs."

HIMEX UBI 3D creates a unique online and mobile social experience for usage or behavior based insurance, connecting drivers seamlessly and continuously to their insurance carriers, as well as to friends, family and those businesses and services most important to them. With the patent pending HIMEX gaming component, drivers can compete for leader board status for their driving performance, earn location-based discounts and track changes in their driving score.

"Launching a UBI product successfully requires flawless integration with a carrier's systems, expert management of data and devices, and superior policyholder support. We help carriers configure usage based insurance products for their brands and launch UBI 3D programs within 120 days," said Bob Mathe, President. "Our strong background in game development, telematics and insurance brings the expertise companies need to achieve the immediate benefits of usage based insurance."

About HIMEX

HIMEX offers the shortest, fastest and most complete route to the immediate benefits of usage based insurance and smart fleet management. HIMEX is a privately held company, with headquarters in Scottsdale, AZ and offices in London.

For more information, visit http://www.himexubi.com or
Joe Armeni, Vice-President, Sales
+1-973-295-6941 or +1-201-919-2126
[email protected]

Available for interview:
Hassan Sadiq, Chairman and CEO,HIMEX
Bob Mathe, President, HIMEX also Keynote Speaker, Insurance Telematics Europe 2013 Victoria Park Plaza, London, UK, 8 May 2013

SOURCE HIMEX