First Notification of Loss (FNOL) | Telematics Insurance | Trakm8

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First Notification of Loss (FNOL)

First Notification of Loss alerts and crash data algorithms enable insurers to improve the level of service offered to policyholders following an incident. Our two-part process firstly allows the claims centre to identify an accident in real-time. The second step is the collection and analysis of the crash data. The data includes:

  • Policy details
  • Weather
  • Road conditions
  • Speed Limit
  • Historical driver behaviour data
  • Road map of the incident
  • Journey replay of point of accident
  • Third party information

Using the data above, we have devised a probability score which gives the claims management department the opportunity to defend or admit fault, therefore, reducing administration time and the associated costs.

Find out how your business can benefit from our telematics insurance first notification of loss (FNOL) solutions today. Contact us by completing the form below or calling us on +44 (0) 330 311 5157.

Find out how your business can benefit from our telematics insurance first notification of loss (FNOL) solutions today: