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Detailed explanation-1: -Edelweiss General Insurance launches India’s first mobile telematics-based motor insurance: Details explained. Switch allows customers to save money based on their driving behaviour.

Detailed explanation-2: -Mumbai (Maharashtra) [India], July 21 (ANI/PRNewswire): Edelweiss General Insurance (EGI), has launched SWITCH, India’s first and only on-demand comprehensive motor insurance product, under the IRDAI’s Sandbox initiative. SWITCH is a completely digital, mobile telematics-based motor policy.

Detailed explanation-3: -SWITCH is a completely digital, mobile telematics-based motor policy. The app detects motion and automatically activates insurance when the vehicle is driven, making it convenient and hassle-free for customers. What makes Switch truly unique is that it also allows customers to save money if they are driving well.

Detailed explanation-4: -In the auto insurance industry, Telematics is useful to track, store, and transfer driving-related data. This data comes in handy to understand the driving behaviour and charge appropriate vehicle insurance rates.

Detailed explanation-5: -NEW DELHI: Edelweiss General Insurance has launched SWITCH, a comprehensive motor insurance product under Insurance Regulatory and Development Authority’s (Irdai) Sandbox initiative. SWITCH is a completely digital, mobile telematics-based motor policy.