Contact Details
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- hello@sastramlabs.in
In ancient times, Shastra (scriptures or scientific treatises) provided structured knowledge to guide civilizations. Just like these time-tested texts offered wisdom for governance, health, and warfare, modern telematics acts as the Shastra of insurance—delivering deep insights to transform risk assessment, claims processing, and customer engagement.
Telematics is more than just technology; it’s a systematic approach to understanding driver behavior, vehicle health, and road conditions. By integrating AI, IoT, and big data analytics, telematics enables insurers to make informed decisions, just as ancient scholars relied on Shastra for strategic planning.
Traditional insurance models operate on broad assumptions, much like general guidelines in old texts. However, telematics introduces precision—monitoring real-time driving behavior, analyzing speed, braking, and mileage to create accurate risk profiles. This ensures policyholders receive fair pricing, rewarding safe drivers with lower premiums.
In battle, warriors relied on strategies from ancient Shastras to counter deception. Similarly, telematics serves as a defense mechanism against fraudulent claims, providing verifiable accident data, reconstructing events, and preventing false reports. This protects insurers from losses while ensuring fair settlements for genuine claims.
Just as Shastra was tailored to different disciplines—Ayurveda for medicine, Arthashastra for governance—telematics customizes insurance policies. Usage-Based Insurance (UBI) and Behavior-Based Insurance (BBI) ensure that customers pay premiums based on their actual driving habits rather than one-size-fits-all models.
With advancements in AI and IoT, telematics is evolving into an intelligent system capable of predicting risk, preventing accidents, and automating claims. Much like ancient Shastras were continuously refined over centuries, telematics-driven insurance will keep adapting, ensuring smarter and more efficient coverage for all.
At Sastram, we don’t just provide telematics solutions—we craft a modern-day Shastra for insurers, empowering them with knowledge, precision, and innovation to reshape the industry.
Sastram Labs is a leading innovator in telematics and insurance technology, dedicated to helping insurers enhance efficiency, risk assessment, and customer engagement.
At Sastram, we empower insurers with telematics to streamline operations, enhance risk assessment, and boost customer engagement.