{"id":643193,"date":"2022-11-16T14:56:45","date_gmt":"2022-11-16T12:56:45","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=643193"},"modified":"2022-11-16T14:56:45","modified_gmt":"2022-11-16T12:56:45","slug":"car-cover-from-absa-insurance-thats-recovered-83-of-stolen-vehicles","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/industry-news\/643193\/car-cover-from-absa-insurance-thats-recovered-83-of-stolen-vehicles\/","title":{"rendered":"Car cover from Absa Insurance that\u2019s recovered 83% of stolen vehicles"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Activate \u2013 a digital insurance product underwritten by Absa Insurance \u2013 has achieved an 83% success rate when recovering its customers\u2019 stolen vehicles.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It attributes this high rate of success to its use of cutting-edge technologies such as telematics, machine learning and AI.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><strong><a href=\"https:\/\/ad.doubleclick.net\/ddm\/trackclk\/N851468.3064270BUSINESSTECH\/B28957154.351841730;dc_trk_aid=543259305;dc_trk_cid=182015717;dc_lat=;dc_rdid=;tag_for_child_directed_treatment=;tfua=;ltd=\" target=\"_blank\" rel=\"noopener\"><strong>Download the Absa Banking App and get insured today.<\/strong><\/a><\/strong><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">These technologies power several other valuable features that are offered by Activate, too \u2013 including a built-in crash detection system and a panic button.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">All these features are provided to Activate customers at no additional charge.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cWe know that South Africans contend with many challenges and, as Absa, we want to provide solutions to the difficulties that make our customers most vulnerable in a fast and efficient manner,\u201d said Nirven Maharaj, Executive at Absa Insurance.<\/span><\/p>\n<h3 class=\"my-4\"><b>Technology-focused excellence<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Absa is committed to becoming a digitally led organisation, and the wealth of features that it offers through its Activate insurance product is proof of this ambition.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For example, Activate insurance customers receive guidance from the Activate App on how to improve their driving habits.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If customers follow this guidance effectively, and if they limit the use of their vehicles to when it is necessary, they can earn up to 40% of their premiums back in cash every month.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On average, Activate customers receive 11% of their premiums back thanks to this feature.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cIt is important to us that our customers are taken care of holistically,\u201d said Maharaj.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cIt is not enough to cover them when a crisis occurs. We want to play our part in limiting their distress by helping to identify and prevent incidents.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Other key technology-driven features that Activate customers can access through the Activate App include:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Cash-back rewards<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Claim logging<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Check for approaching storms<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Receive emergency assistance, including a drive-me-home service.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Customers can take advantage of these features without needing to log a call to a cell centre \u2013 providing a better and more convenient experience for modern consumers.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Absa\u2019s Banking App lets you buy short-term insurance online in under five minutes \u2013 so <\/span><strong><a href=\"https:\/\/ad.doubleclick.net\/ddm\/trackclk\/N851468.3064270BUSINESSTECH\/B28957154.351841730;dc_trk_aid=543259305;dc_trk_cid=182015717;dc_lat=;dc_rdid=;tag_for_child_directed_treatment=;tfua=;ltd=\" target=\"_blank\" rel=\"noopener\"><strong>download the Absa Banking App and get insured today.<\/strong><\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Activate has achieved an 83% success rate when recovering its customers\u2019 stolen vehicles.<\/p>\n","protected":false},"author":57,"featured_media":643645,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10459],"tags":[10056],"class_list":["post-643193","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news","tag-absa-insurance"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/643193","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/57"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=643193"}],"version-history":[{"count":5,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/643193\/revisions"}],"predecessor-version":[{"id":643599,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/643193\/revisions\/643599"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/643645"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=643193"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=643193"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=643193"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}