Executive Overview
Embedded Insurance for OEMs and Dealerships
Dealerships make money performing routine service. EVs require very little servicing. This is a problem for dealership economics.
Dealerships will be under heavy pressure to increase collision repair work to offset declining service work. Repair work is primarily insurance driven.
Digitus solves this dealership problem and solves a companion problem where OEMs need to increase genuine part sales for the repair market.
Digitus equips dealerships, OEMs, insurers and MGAs, and online channels (including 3rd party finance companies) with the tools to help drivers purchase auto insurance at the Vehicle Point of Sale for new and certified pre-owned vehicles.
Opportunity
The auto industry has the opportunity to capture billions of dollars in revenue from traditional insurance brands by offering vehicle-branded auto insurance.
The auto industry has this opportunity because their customers are already thinking about car insurance while buying their new car.
Tesla demonstrated this Vehicle Point of Sale works for insurance by selling its own Tesla Insurance.
Our opportunity is to provide the insurance product and customer experience through which the rest of the auto industry leverages this Vehicle Point of Sale.
Our opportunity exists because, other than Tesla, the auto industry has been unable to deliver an insurance product that successfully captures this revenue.
Product
Design
Private-labelable across all 30+ US car brands and customizable to individual dealerships with an intuitive seller experience that enables fast easy sales training.
Integration
Immediate drop-in integration into online & in-dealership sales flows. Integration with Dealer Management Systems is supported but not required (ease and speed of adoption are core system design principles).
Insurance Product
Digitus provides the insurance platform and product. We work with dealers and OEMs to integrate our product into their value chain and enable them to take advantage our unique value proposition.
Innovation
In addition to our conversion-focused customer experience, we offer increased repair opportunities for Dealerships and increased genuine manufacturer part sales for OEMs.