EIS UBI & EIS UBI for Ridesharing

Our solutions for usage-based insurance let carriers create highly personalized products and pricing for individuals.

Underwrite, price, and service drivers based on how far, how well, when, and even why they drive. 

EIS UBI supports multiple UBI models and provides appropriate premiums and discounts for billing. 

Learn how to become a high-velocity insurer and win in the digital economy.

Truly personalized auto insurance rates and coverage

Integrated with data from telematics or mobile devices, EIS UBI solutions can rate coverage based on any combination of models:


growth in UBI policy ownership in 2021, according to Forrester


of large P&C insurers and 12% of mid-sized P&C insurers are already engaging in telematics, according to the Novarica Research Council CIO Survey (2020-Q4)


growth is predicted for the global UBI market through 2026, according to the National Association of Insurance Commissioners (NAIC)


of policyholders report “lack of personalization” as a primary reason for leaving an insurer, according to “The Customer Compass: Navigating the Future of Insurance”

EIS UBI for Ridesharing

EIS UBI for Ridesharing™ bridges the divide between personal and commercial coverages for insurers and drivers alike.

The solution allows insurers to accurately rate and update premium billing in real time according to use type for commercial and personal lines coverages. Similarly, drivers can purchase a policy offering continuous coverage, whether driving for personal use or when on the clock.

EIS UBI for Ridesharing can account for all five phases of a rideshare:

Off the clock

On the clock, but waiting for the rider

Picking up the rider

Driving to the rider’s destination

En route to the next pickup

Transportation network companies (TNC) can embed the insurance offer directly into the insurer’s driver app to enable real-time interactions.

Coverage can include downtime protection alongside liability, comprehensive and collision, uninsured or under-insured motorist, and medical payments. 

EIS UBI Benefits

  • Improves usability
  • Creates greater efficiency
  • Supports different frequencies for posting data to policy and billing
  • Manual and automated discounting
  • Reduces impact on data storage systems
  • Expands customer opportunities for UBI products
  • Can be applied to any insurance product using any Internet of Things (IoT) data feed

EIS UBI Features

  • UBI mileage support
  • UBI discount model support
  • Streamlined UBI transaction history
  • Premium calculation and proration
  • Products and services configuration
  • Stand-alone coverage or non-mileage coverage
  • Support for multiple data providers
  • UBI discount exclusion

UBI beyond auto insurance

The foundation of EIS UBI is the event-driven architecture of the EIS Suite™, which features thousands of policy, billing, claims, and customer management tasks, transactions, and interactions available for implementation in your UBI products. 

Workflow and data exchanges can deliver underwriting by usage or status metrics. Other examples include parametric crop insurance, on-demand insurance, such as home-sharing, travel, and “gig economy” applications. 

Is Greenfield the Right Approach to Your Digital Transformation?

Featured News


Full Speed Ahead: Why Metromile and Others are Adopting Insurance Core Systems to Win in an Autonomous Vehicle World

Press Releases

Tower Deploys EIS Group’s Digital Insurance Platform to Accelerate Digital Business Transformation

Press Releases

EIS Introduces Usage-Based Insurance Solution that Unifies Personal and Commercial Car Use for Continuous Coverage

At EIS, ambition is the heart of our platform’s DNA. Scale your growth, connect awe-inspiring ecosystems, outperform, and master the market with truly innovative products.