HIMEX Selects Sprint Network to Enable UBI Telematics
Insurance companies gain comprehensive end-to-end platform to manage customer value chain powered by an all-new wireless network
OVERLAND PARK, Kan. (BUSINESS WIRE), August 01, 2013 - HIMEX today announced that it has signed a five-year agreement with Sprint (NYSE: S) as the preferred CDMA carrier to wirelessly enable and support HIMEX Usage-Based Insurance (UBI) and telematics solutions.
“As a company founded on innovation and excellence, HIMEX is excited to work with Sprint to deliver an unbeatable collaborative offering to the insurance industry,” said Neil Fishenden-SVP business development, HIMEX. “We chose Sprint as our CDMA carrier partner providing us with a common infrastructure across personal and commercial lines. Sprint’s investment in its all-new 3G and 4G LTE network, along with their commitment to maintaining 2G service, has led us to jointly deliver insurers with flexible and scalable solutions to meet the demands of an increasingly data-reliant industry today and in the future.”
HIMEX’s UBI 3D(TM) platform offers the fastest and most complete route in the industry to the implementation of usage-based insurance. The HIMEX Platform covers the entire UBI Value Chain; devices, product platform, systems integration, logistics, mobile apps, data management and analytics; and supports the full range of insurance company transactions from quoting and sales through first notice of loss and claims settlement. Combining HIMEX’s unique UBI 3D(TM) game-based platform with the power of Sprint’s world-class wireless data network and M2M network infrastructure, HIMEX now delivers insurance organizations the most effective UBI solution available with the highest level of customer service and support. “Knowing that Sprint is consistently ranked among the highest in customer experience and care was essential to our decision to partner with them,” Fishenden added.
“Working with HIMEX to deliver complete, end-to-end UBI solutions to insurance companies is just one more way we’re leveraging our insurance and telematics expertise while extending the value of our network,” said Kimberly Green-Kerr-regional vice president, Sprint. “Sprint is continually improving the speed and quality of our wireless footprint as part of our nationwide Network Vision build out which is transforming mission critical business applications that used to run on fixed computer terminals. Now those same transactions are conducted via cell phones and tablets by customers and agents on the go, while remotely connected machines monitor and maintain a variety of functions.”
Sprint Network Vision
To support the growing need for data, Sprint is rolling out a new network designed to provide faster data speeds, improved quality and easier connectivity. Sprint expects customers to benefit with better wireless signal strength, in-building coverage and fewer drops/blocks. Sprint introduced its all-new 4G LTE network in 2012 and now offers service in 151 markets. For the most up-to-date information on Sprint’s 4G LTE coverage, please visit www.sprint.com/coverage.
Sprint offers a comprehensive range of wireless and wireline communications services bringing the freedom of mobility to consumers, businesses and government users. Sprint served more than 53 million customers at the end of the second quarter of 2013 and is widely recognized for developing, engineering and deploying innovative technologies, including the first wireless 4G service from a national carrier in the United States; offering industry-leading mobile data services, leading prepaid brands including Virgin Mobile USA, Boost Mobile, and Assurance Wireless; instant national and international push-to-talk capabilities; and a global Tier 1 Internet backbone. The American Customer Satisfaction Index rated Sprint as the most improved company in customer satisfaction, across all 47 industries, during the last five years. Newsweek ranked Sprint No. 3 in both its 2011 and 2012 Green Rankings, listing it as one of the nation’s greenest companies, the highest of any telecommunications company. You can learn more and visit Sprint at www.sprint.com or www.facebook.com/sprint and www.twitter.com/sprint.
Founded in 2010, HIMEX Limited is a privately held company with headquarters in Scottsdale, AZ and offices in London. HIMEX acquired The Evogi Group in 2012 creating a team with extensive expertise in the use of game-based business techniques, the development of mobile applications and the installation of large-scale enterprise insurance technology in the largest insurance markets in the world, The HIMEX UBI 3D(TM) platform is unique in industry in delivering personalized, immersive online and mobile experience that increases customer engagement and improves the consumers insurance experience. For more information, visit http://www.himexubi.com.