Baloise launches pilot project with ryd’s ‘connected car’ platform

Media information

Baloise launches pilot project with ryd's 'connected car' platform

Basel, 8 March 2019. As part of its Simply Safe strategy, Baloise Insurance is launching a pilot project with the start-up ryd suisse AG. ryd fits the car with an OBD2 connector and associated smartphone app, thereby turning the vehicle into a 'connected car'.

Baloise Insurance is launching a pilot project in collaboration with ryd in the area of connected cars. During the pilot stage, selected Baloise customers will receive a 'ryd box' free of charge that they can install in their cars. "With this offer, we would like to provide added value to our customers' mobility experience," says Wolfgang Prasser, Head of Product Management Private Customers at Baloise.

With the ryd app, car drivers benefit from a rich set of features. For instance, the app offers a range of car security features thanks to GPS technology, such as real-time locating, theft warning and the possibility of making a claim directly via the app. Thanks to the secure connection to the car, the app becomes an onboard computer and informs the user of the battery status, the fuel tank level and can even explain error codes in easy-to-understand language if required. Other features available include a monthly car expenses log book, with all the vehicle-related expenses, and an exportable journeys history. Drivers can thereby analyse their driving behaviour and are awarded points for safe driving. The points can be redeemed by means of vouchers at partner businesses.

Andreas Schumacher, CEO of ryd suisse says: "Together with Baloise, we are setting another milestone for networked mobility in Switzerland and are thus able to offer customers innovative services." Wolfgang Prasser adds: "With ryd, we can better understand our customers' mobility needs and tailor additional future mobility offers to existing requirements." In doing so, confidential handling of data will always be guaranteed and Baloise will only ever conduct analyses for product improvements based on anonymised data.

Further information

• ryd.one/baloise
• Media information at www.baloise.com

Contact

Baloise Group, Aeschengraben 21, 4002 Basel, Switzerland

Website: www.baloise.com

Email: [e-mail] / [e-mail]

Media Relations: Tel.: [phone]

Investor Relations: Tel.: [phone]

Data protection

We take data protection very seriously at Baloise. Following the implementation of the EU's new General Data Protection Regulation (GDPR), we would like to inform you that we maintain your contact details (provided by you or publicly accessible) in our database in order to be able to send you our media releases. Should you wish to unsubscribe from the newsletter, please click on the link at the end of this media release. Your details will then be deleted from our database.

The Baloise Group is more than just a traditional insurance company. The changing security, safety and service needs of society in the digital age lie at the heart of its business activities. The 7,300 or so employees of Baloise therefore focus on the wishes of their customers. The best possible customer service, combined with innovative products and services, makes Baloise the first choice for people who want to feel 'simply safe'. Located at the heart of Europe, with its head office in Basel, the Baloise Group is a provider of prevention, pension, assistance and insurance solutions. Its core markets are Switzerland, Germany, Belgium and Luxembourg. In Switzerland, with Baloise Bank SoBa, the Group also operates as a specialised financial services provider, offering a combination of insurance and banking services. The Group offers innovative pension products to retail customers throughout Europe from its competence centre in Luxembourg. Bâloise Holding Ltd shares are listed in the main segment of the SIX Swiss Exchange.

Provider		Channel		Contact
Tensid EQS Ltd., Switzerland www.tensid.ch		newsbox.ch www.newsbox.ch		Provider/Channel related enquiries [e-mail] [phone]