iGen Networks Corp (IGEN)

[Boosted2gGSX]

The Digital Telematics Signature (DTC) is IGEN’s patented proprietary algorithm for measuring driver behavior for both commercial and consumer markets regardless of the data sources.
Whether driving in high-density traffic or at high speeds over the expressway, the data is normalized across a relatively large sample to create a consistent and accurate driver score based on actuarial metrics.
With programmable weighting of driving events such as speed, sudden-braking, harsh-turns, traffic flow, and vehicle profiling, a “DTC” or weighted score is created over an extended period-of-time.
“Representing a culmination of several years of development, IGEN’s “DTC” is incorporated in its latest mobile app along with real-time alerts for both the consumer and their family,” said Neil G. Chan, CEO.
“In providing Peace-of-Mind for parents, the “DTC” score becomes a valuable tool for managing teenage driving habits…eventually we believe consumers and their families will opt to provide access of this information to insurers and underwriters for reduction in premiums. Presently there are several major insurers who offer as much as 30% discount on insurance premiums if the consumer agrees to be tracked from their phone or through a GPS device. IGEN is taking the data analytics to the next level.”

That is what will make $igen score big when it's time comes.