Qorus Innovation in Insurance Awards 2021

World’s First Telematics-based Motor Warranty Product

Submitted by

Discovery

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Discovery is a proudly South African-founded financial services organisation that operates in the healthcare, life insurance,...

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28/03/2021Insurance Innovation

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The Discovery Motor Warranty introduces the use of telematics data and a risk-rated premium structure in the motor extended warranty market. This is the world’s first telematics-based warranty product providing unlimited cover for mechanical breakdown and electrical failure, with embedded wear-and-tear cover. For driving well, good drivers can get free motor vehicle services.

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