Recently, the Board of Directors of the Ukrainian Union of Lessors voted to accept a new associate member, Inscor Technologies, into the Association.
The Association provides as a full membership – for those companies that directly provide leasing services. So is associate membership – for companies operating in related markets or providing services to leasing companies.
Inscor Technologies offers technology from a world leader in telematics based for insurance, leasing companies, corporate fleets and car dealers. The solution consists of a cloud part on the servers and miniature equipment that is installed on the car and assesses the driver’s driving style and his potential risks of getting into an accident through no fault of his own. The system of scoring (estimation) of drivers is based on more than 300 billion analyzed kilometers traveled by cars in more than 20 countries. The system also evaluates aggressive driver behavior, which leads to increased costs for maintenance and repair of the car, corrects the manner of driving, provides assistance in case of an accident, as well as the reconstruction of accidents, which eliminates cases of domestic fraud.
Inskor’s interest in the leasing market is explained by the fact that its service is designed, including for leasing companies. It allows lessors to monitor the quality of handling of rented equipment. Due to this, the leasing company has a guarantee that the user will be more careful with the car, return it in good condition and the car can then be sold for good money, as the car will have a higher residual value. And the additional functionality of FNOL allows the leasing company to immediately learn about the nature of the DTA and damaged parts of the leased car.
Being in the middle of the leasing community will allow Inscor to be aware of all the latest news and trends in the leasing market, to take an active part in the development of laws and regulations related to the industry, to receive regular specialized training of its employees. And also to be able to communicate directly with the leading companies in the leasing market of Ukraine.
As for the market as a whole, it will also benefit significantly from such cooperation: road safety will increase, the number of frauds will decrease, and the prices of leasing and insurance companies for disciplined drivers will decrease.
So, welcome to our ranks a new member – Inscor Technologies!