Press kit

What SaaS is Right for Risk Management? 

Shared mobility operators are confronted everyday with new SaaS products promising to optimise their operations. 

From event-based insurance triggers to real-time risk scoring. When facing increasing consolidation, the promise of a new competitive advantage is one to take seriously. 

But how do you differentiate what is hype from what is helpful to your shared mobility business? 

How Manual Data Slow Your Operations Down 

In the fast-moving mobility market, yesterday’s data can drive today’s decisions in catastrophic ways.

Take a car-sharing platform re-fleeting 50 vehicles. Usually manually updating insurance policies, across fleet management systems and financial reporting tools separately. 

However, this creates a lag time where coverage doesn’t match reality. If accidents happen, the cost of coverage delay can be astronomical. 

Managing insurance policies manually means tracking each vehicle’s coverage status, processing every fleet change, and reconciling policies across disconnected systems.

In manual operations mistakes are inevitable: vehicles insured after de-fleeting, coverage gaps during re-fleeting, policy details mismatched across systems.

Whether your business operates bike fleets, cars or e-scooter, a lack of real-time data connections on any side will leave you lying blind at times on your largest cost center.

What exactly is an APIs?

API stands for Application Programming Interface. Basically, it’s a formal agreement, a “service contract,” between two pieces of software. 

The “Application” is just any program – an app, a server, a database – doing something, and the “Interface” is the rule-book that spells out how they talk to each other.

This contract sets the ground rules for communication, like specifying the exact format for requests and responses, which keeps everything playing nicely together in real time. 

One program just needs to know how to use the interface; it doesn’t need to peek under the hood of the other one. Making data flows seamless and modular.

How can APIs be used in Insurance?

We have seen how manual work multiplies error risk and eats into operational time when it comes to insurance. But how exactly can an API be used to prevent this? 

With the right partner, API adoption can resolve situations like under-coverage. With a seamless link between your current vehicle list, and usage data making real-time insurance distribution possible.  

Outdated policies and under coverage situations curb your business growth In a market where insurance is the second biggest line item on a P&L, real-time data flows enable adaptive insurance that creates clear competitive advantages.  

Operators with connected data infrastructure are building sustainable competitive advantages while manual operators are locked in costly operational bottlenecks.

What set-up do I need for API insurance?

Cachet offers a fleet management solution where you can manage your fleet vehicles, create claims, get insured and much more.

Within Cache Mobility, an API integration can connect your insurance policies to your asset data automatically.  Giving you access to adaptive insurance as and when it is needed.

The enhanced connection, provided by Cachet, between insurance and your fleet data, drastically reduces the risk due to manual work.  

By automatically synchronising your fleet data and insurance policies in real-time. The API works as a bridge making real-time connection. 

This connection is also possible with your underwriter. Bringing key insurance information into your fleet management solution. Faster data flows via API you can get a better overview of the claim trends within your fleet. 

See directly within the Claims Control Center the spread of claims across your asset, dive into their status and explore other data from your insurer in one single place. 

Getting Started With API Insurance

While API-based insurance might sound complex, the implementation is straightforward and designed to integrate seamlessly with your existing operations.

As you get set up with Cachet, our technicians will then talk your team through establishing the Cachet Mobility API. This will provide everything you need to manage your fleet insurance programmatically; add vehicles through simple REST endpoints, track rides automatically, and generate insurance offers with a few API calls. 

Your fleet data flows directly to our insurance partners, enabling real-time policy management and usage-based pricing.

Once integrated, adding or removing vehicles from coverage happens instantly through the API. Claims, policies, and documents are all accessible through the same unified interface. 

What used to require manual paperwork and waiting periods now happens programmatically in seconds.

Scaling your fleet has never been easier than with Cachet.

How Insurance Works in Shared Mobility 

Traditionally insurance has operated on a one-size-fits-all model, even in the dynamic world of shared mobility. Premiums have been calculated using general statistics data without considering fleet or asset-specific usage behaviour.

Insurers have traditionally depended on aggregated statistics based on vehicle type, often failing to distinguish between a well-kept shared vehicle and a poorly maintained private car with a high-risk individual owner.  

Align Insurance Costs to Actual Risk 

For fleet operators and shared mobility platforms, this creates a clear problem: rigid policies that don’t reflect actual usage patterns. 

Your fleet might have lower accident rates or better maintenance protocols, but these factors often aren’t captured in traditional premium calculations.

The result is often inflated costs out of step with your true level of risk.   The gap between insurers’ understanding of mobility platforms and actual fleet operations results in a “platform premium.” You pay for irrelevant risk profiles without financial benefit for safety investments.

Cachet was built to bridge this gap. To end the dive between the worlds of insurance and the platform economy.  A mission only made possible by a stack of technology that leverages smart data for better outcomes.

Cachet Is De-Risking Platform Economy 

Our technology will turn your driver or fleet usage data into something insurers can understand. Through dynamic scoring Cachet enables fairer, usage-based insurance that responds to your actual fleet dynamics. 

In this case, think of Cachet as the translation layer between the complex data your fleet generates and the pricing models insurers use. Adaptive insurance, based on accurate risk assessment, is now possible and practical. This builds insurer trust in the platform economy and lowers cost burdens, facilitating platform business expansion.

How Cachet Turns Insurance Into Your Advantage  

Instead of waiting years to see premium adjustments, your insurance can become a competitive advantage that evolves with your operations. Rewarding good performance when it happens.

With Cachet Mobility your insurance can adapt to real-world usage and your work on risk management can be rewarded. It is designed to help share mobility platforms manage their insurance smarter. 

Integrated tools for asset management, usage tracking, and claims handling offer operators control over insurance costs beyond traditional carriers. Dynamically adjusted premiums mean platforms pay only for what they use.

The result is simpler fleet management: all operational data is centralised, easily accessible, and transformed into a real financial advantage.

Why Adaptive Insurance Keeps You In Control 

By turning fleet data into a competitive advantage, Cachet transforms insurance from a fixed cost into a flexible tool.

The platform-specific scoring reveals your true risk level to insurers, while the Cachet Mobility platform offers tools to predict and prevent risk. Operators promoting safe driving and efficient fleet practices are rewarded with fairer, more controllable premiums.

The result is a fundamentally different relationship with insurance. Rather than viewing premiums as an unavoidable expense, you gain a performance metric that reflects your operational discipline. 

This is how adaptive insurance can become the starting point of your fleet growth, an investment in safety infrastructure that benefits your operations as a whole.

Traditional fleet insurance is rigid. Fixed premiums mean you pay the same whether vehicles are on the road or parked for days. That’s wasted spend. Add piles of paperwork and slow claims, and it becomes a drag on your business.

Adaptive insurance flips the model. It bends to how your fleet actually runs. 

• Fairer pricing 
• Faster management 
• Fewer headaches

What Adaptive Insurance Means

Adaptive insurance is usage-based coverage that reacts to how, when, and how much your vehicles are driven. Think of it as insurance that listens to your users.

• Pay-as-you-drive: Costs drop when trip volume is low.
• Pay-how-you-drive: Safer behaviour earns better rates.

Why Fleet Managers Love It

Fairer Pricing

Stop paying for idle vehicles. With adaptive insurance, downtime equals lower premiums. Cachet’s platform has a unique trip verification technology that ties coverage directly to rides in progress. Combined with a data model, built on real-world usage over 6 years that is back tested on actual claims data unique to shared mobility. The resulting scoring rewards good driving with fairer rates.

Flexible Scaling

Fleets aren’t static. Adaptive insurance lets you add or remove vehicles instantly.  No time intensive renegotiations, just a simple process of asset upload, policy calculation, coverage distribution and asset deployment.  Coverage that scales with your demand.

Safer Drivers, Stronger Teams

Excellent drivers don’t just save you on repairs, they can lower your premiums too. Cachet uses driver verification technology to reward safe behavior, helping you recruit, reward and retain top talent.

One Digital Hub

All your policies are administered from a single cloud-based hub and stored in a secured unified digital wallet. Monthly payments. Timely premium adjustments.  Claims visibility enhanced  from start to finish.

Quicker Claims, Smarter Insights

Cachet’s AI-driven claims control centre turns your accidents data into operational advice you can count on. The control centre dashboards show where risks are building up, how your lost ratio is evolving and layers on suggestions to help you act before your insurance premiums spike.

How Cachet Makes It Work

Always Learning, Always Adapting

Cachet’s cloud-based platform updates continuously. The more data it gathers, the more precise your pricing becomes. Not only that but through our Claims Control Center you can turn from reactive to proactive in your risk management. Trends in claims become more visible and action becomes more viable with AI powered risk mitigation recommendations.

Tailored for Shared Mobility

Generic auto insurance doesn’t cut it. Cachet partners with insurers like HDI to build coverage for ride-hailing, car-sharing, and delivery fleets. In Germany, Bolt Drive already uses Cachet’s adaptive insurance to keep costs aligned with usage. The partnership and power of adaptive insurance has been so successful that Cachet now covers every single European market Bolt has expanded this car sharing service to.

Easy to Use

Through the Cachet Mobility portal, you can quote, adjust, and manage policies in a few clicks. One dashboard, unified billing, no paperwork.

Proven in the Real World

Across Europe, thousands of drivers and vehicles already run on Cachet. Bolt Drive described it best: with Cachet, they “unlocked an insurance model that adapts to our needs.”

FAQs

1. How is adaptive insurance different from traditional?
   Traditional sets fixed premiums. Adaptive uses data model based scoring and trip verification technology  to flex with real usage.
2. What savings are possible?
   Fleets often see double-digit percentage reductions. Idle time and safe driving equal lower costs.
3. Does it work for all fleets?
   Yes. From ride-hailing to delivery to car-sharing.
4. Can I track my claims data?
   Cachet’s digital native insurance management system gives you a powerful overview of the claims flow. Our API connects directly with your insurer and turns historic data into trends and insights whilst letting you follow specific case resolutions in real time.

The Smarter Future of Fleet Insurance

Adaptive insurance is built for the way modern fleets operate. Fairer pricing, flexible scaling, safer teams, and faster claims – all powered by data and enriched by AI.

Cachet delivers it today.

Ready to see what adaptive insurance can do for your fleet? Book a demo and start saving smarter.