Usage Based Insurance

Empower the consumer of today with flexible policies that adapt to their lifestyle.

Put your customers

In control of their insurance costs

In the current economic climate with cost of living rises and the undoubted success of services such as Netflix, pay as you use insurance services are about to become far more prevalent in the industry.

Offering a pay as you go insurance model discourages your customer from cancelling their policy by offering a flexible and cost-effective insurance that varies on usage.

Mutiple Lines of Business

UBI across multiple lines of business to address countless requirements


With our ICE Ecosystem partners, we can provide a full turnkey solution.

IoT Devices

Full connection into a wide range of telematics and smart home devices


Maintain Customer Retention

Offering UBI to your customer base can improve both new customer acquisition and retention by taking away big up front fees.

Customers are more likely to cancel an insurance policy that doesn’t mirror their lifestyle, the standard insurance policy offering is no longer a one size fits all scenario. Your customers lifestyle may change, for example:

  • A student off to University who won’t be driving for a long period
  • A motorcyclist whose vehicle is in storage for winter
  • Gig economy drivers e.g. food app delivery drivers
  • University student requiring contents cover during term time



Advanced Configurable Technology

We have developed a highly configurable workflow driven UBI framework which ingests or fetches data from an external system (IoT gateway). Clients can configure the units, define the usage period and automate the consumer payment and communications.


  • Configure to meet customer requirements
  • Deliver a robust and scalable usage based insurance offering
  • Automated monthly invoice and payment collection
  • The ICE workflow process is fully configurable
  • Static risk based analysis to determine cost per unit
John Lewis Logo

We want our clients to stay competitive in a dynamic and changing market place. This is why ICE developed our highly configurable UBI solution, we encourage new and existing clients to test the world of UBI and see the real benefit it can bring to customer satisfaction.”

Al Robertson, CTO ICE InsureTech

Ticker logo

​Together we’ve launched our pay-per-mile product designed to give low-mileage drivers flexibility with their insurance costs. It’s the right product at the right time: as we’re driving less each year in the UK and the cost-of-living crisis is intensifying. 

Richard King, CEO Ticker

Let’s talk

ICE delivers Enterprise Grade Software in Insurtech Timelines

Ready to make the change? Let’s talk.