coaXion’s solutions for insurance services

Equipment usage and valuation tracking for insurance companies

coaXion’s integrated real-time valuation insights platform provides a leading market solution for insurers who offer insurance on heavy mobile plant and equipment, allowing you to obtain real-time access to valuation insights and equipment usage patterns. This enables you to better assess risk profiles and customise insurance policies for equipment providers or owners accordingly – as well as replacing a manual, subjective, and resource-heavy process with a far more objective and data-driven approach.

By leveraging this information from our telematics-integrated platform, insurance providers can enhance their underwriting processes, reduce fraud, mitigate losses, and provide far more tailored and cost-effective insurance solutions to clients across Australia. 

With a solution that allows for more accurate matching of the insured sum to the asset value, insurers can demonstrate a trustworthy commercial model, leading to increased trust, customer acquisition, and retention.

Get in touch to find out more about how coaXion can help your insurance services

coaXion’s machine value solution makes a difference for equipment insurers across Australia. To find out more about how we can help your business, simply get in touch with our team today and we’ll be glad to answer your query or set up a consultation for your insurance services.