Majesco TL
Follow Us
ITA MEMBERSHIP

INSURANCE TECHNOLOGY NEWS

INSURANCE TECHNOLOGY NEWS

Leading Roadside and Transportation Networks Partner to Transform the Breakdown Experience for Consumers

Bill Sinn | June 18, 2019

Agero, Inc., a market leader in software-enabled driver assistance services for automotive manufacturers and insurance providers in North America, and transportation network company, Lyft, today announced a first-of-its-kind partnership for the industry to transform, modernize and streamline the roadside assistance experience for potentially millions of consumers. The partnership, which follows a widely successful pilot program, introduces the market’s only integrated and on-demand alternative transportation program for breakdowns requiring a tow.
 
The partnership will provide consumers requiring a tow with the option of a complementary Lyft ride from the disablement location, repair shop or dealership to their home or destination. This will not only minimize consumer disruption, but also provide greater peace of mind to drivers during their time of need.
 
With the mobility landscape rapidly evolving, consumer expectations for fast, seamless and transparent services have permeated into the roadside assistance market, driving the need for entirely new and distinct experiences that both surprise and delight consumers. Agero and Lyft are addressing this by combining the companies’ scale, sector expertise and operating efficiency to deliver greater convenience to consumers at the side of the road.
 
“One in three drivers will have a breakdown event each year and approximately half of those breakdowns require a tow,” said Luis Quiroga, vice president, product marketing and innovation, Agero. “While it has always been Agero’s mission to get consumers back on the road safely and effectively during these stressful times, our partnership with Lyft further enables us to deliver a differentiated, on-demand and convenient experience consumers expect, while also helping our insurance and automotive clients increase their customers’ satisfaction and drive brand affinity.”
 
The Lyft ride-sharing service will be offered during the initial roadside service request with Agero and can be delivered via two experience models:

  • Agent-Assisted: An Agero customer service representative schedules the ride on the customer’s behalf and handles payment directly for a concierge-like experience. Ride information, including approximate arrival time, driver name, vehicle make, model, color and license plate number are delivered to the customer via text message.
  • Self-Service: A voucher code is delivered to the customer via text, enabling the customer to have full control over scheduling the service at their convenience using their own Lyft account. 

Additional digital integrations within Agero’s suite of omnichannel service request options, including mobile app and on-demand web app, will be rolling out starting in Q3 2019.
 
“At Lyft, our mission is improving people’s lives with the world’s best transportation,” said Gyre Renwick, vice president, Lyft Business. “We know the traditional roadside assistance market is changing, and our work with Agero creates a truly unique service experience that is reshaping how roadside support is delivered while elevating the consumer experience.”
 
Following extensive in-market piloting, the service was shown to both increase customer satisfaction and generate positive sentiment:

  • Improved Net Promoter Score (NPS): NPS improved for all consumers offered alternative transportation, even those who did not accept.
  • Increased Satisfaction: Of those consumers that accepted a ride, a majority reported high satisfaction with the service.
  • High Potential Adoption Rate: Nearly all consumers indicated they would consider using this service as part of their roadside program.


Featured articles

MT MR

Majesco RH

ELECTRONIC CHAT

The Email Chat is a regular feature of the ITA Pro magazine and website. We send a series of questions to an insurance IT leader in search of thought-provoking responses on important issues facing the insurance industry.

ITA LIVE 2019

The tide is up! It's time to register for ITA LIVE 2019, our annual educational and networking conference! Our theme is "The InsurTech Revolution: Cutting Through the Hype." and we'll be bringing in a torrent of industry thought leaders, amazing insight and wonderful perspectives on the world of insurtech and its impact on the insurance landscape.

ITA LIVE 2019 will present real-life examples of true startup technologies that are helping insurers gain real advantage -- and a competitive edge -- in the marketplace. We’ll highlight the more successful InsurTech partnerships, while offering case studies that demonstrate exciting innovation and cutting-edge techniques impacting all aspects of the insurance ecosystem.

Ride the wave to LIVE 2019. Sign up today! We look forward to seeing you in May, 2019!

BLOGS AND COLUMNS

only online

Only Online Archive

ITA Pro Buyers' Guide

Vendor Views

Partner News