--- title: "BIKEBAZE for insurers | Fewer theft claims, less fraud, better data" description: "Lower the claims burden on your bike portfolio: fewer theft claims, less fraud, less administration and data for sharper premiums. Calculate your business case and request a pilot." canonical: "https://www.bikebaze.nl/en/bb2b/verzekeraar" --- 1. [For business](https://www.bikebaze.nl/en/bb2b) 2. Insurers # Fewer theft claims. Less fraud. Sharper premiums. BIKEBAZE makes insured bikes visibly protected and records the bike data before the claim. Claims costs fall, fraud surfaces earlier and you get the data to underpin premiums. [Request a pilot](#contact) [Calculate your business case](#calculator) ## Four ways BIKEBAZE lowers your claims burden ### Fewer theft claims A registered bike with a visible SafeTag is an unattractive target. Every prevented theft is a claim you do not pay out. Direct effect on your claims burden ### Less fraud The bike data is recorded before the claim, so a claim that does not match stands out. And a falsely reported bike keeps riding: whoever looks up the frame number or scans the SafeTag sees the stolen status and contacts you. Fewer unjustified payouts ### Less administration The bike data is already complete when the claim comes in. Fewer follow-up questions, fewer incomplete files, shorter handling time. Lower handling cost per claim ### Data for sharper premiums Insight into theft frequency, hotspots and recovery. A basis for premium differentiation and prevention discounts. Better risk assessment Our results ## What BIKEBAZE does in practice Bikes with a SafeTag are stolen 98% less often. If one is stolen anyway, 27% come back. Registered only, without SafeTag: 5% come back, well above what is common for registered thefts. And fraud drops by 85%: a bike with stolen status is harder to resell. The calculator uses these figures; adjust them if you want to calculate with your own assumptions. What the figures measure - 98%: theft of bikes with an activated SafeTag, compared with unmarked bikes in the same period. - 27% and 5%: share of bikes reported stolen that were recovered, with SafeTag and with registration only respectively. - 85%: fewer fraudulent claims. The data is recorded before the claim, and a bike with stolen status is worth less on resale. A scan also shows straight away that the bike has been reported stolen, and the finder can contact the rightful owner. 98% less theft with SafeTag 27% of stolen bikes with a SafeTag recovered 5% recovered with registration only 85% less fraud ## What can BIKEBAZE save your insurance portfolio? Calculate what fewer theft claims can deliver for your organisation. Enter your portfolio details and compare the expected saving with the investment in SafeTags. Your insurance portfolio % What percentage of these bikes is claimed as stolen each year? € Your average claim amount after deductible and residual value, taking existing recovery into account. Your expected result % Pre-filled with the result BIKEBAZE measured on bikes with an active SafeTag. Lower this percentage to calculate a more conservative scenario. Your investment € Example price. Your price depends on the number of SafeTags. One-off investment per bike. Adjust additional costs and assumptions Estimated annual saving €601,914 Investment in year 1 €45,000 Your estimated net benefit in year 1 €556,914 That is €55.69 net benefit per protected bike. After deducting the SafeTags and the other costs entered. From year 2: €601,914 estimated saving per year With an unchanged portfolio and the same assumptions, without new purchase or replacement costs. Annual saving: 13.4× your investment When do you earn back the investment? For your portfolio, the additional recovery of stolen bikes already covers the investment. No reduction in theft claims is needed for that; every percent fewer claims comes on top as a saving. See how your saving is built up Prevented thefts per year 421.4 Additional recovered bikes per year 1.9 Additional recovered bikes per year if the number of thefts stays the same 94.6 Saving = bikes with an active SafeTag × share of bikes stolen × expected reduction × net loss, plus the additional recovery when enabled. Investment = SafeTags plus other costs. Year 1 includes the one-off costs; following years do not (without replacement or inflow). Test this business case with your own portfolio This calculation shows what BIKEBAZE can deliver based on your assumptions. In a pilot we measure SafeTag activation, theft claims and recovery within your portfolio. [Discuss a pilot for your portfolio](#contact) Together we agree on the scope, measurement period and success criteria. ## Proof on your own figures in three steps 1. 01 ### Baseline We record your current theft frequency, claims and recovery for a defined group of policyholders. 2. 02 ### Roll-out Policyholders register their bike and receive SafeTags. 3. 03 ### Result After the agreed period you compare claims, fraud signals and recovery with the baseline and decide on scaling up. ## Frequently asked questions from insurers ### What does it cost? The consumer price of a SafeTag is €9.99 including VAT. We discuss the business price based on your volume; shipping and any services are fixed in the quote or pilot proposal. ### Do we need to connect our systems? No. BIKEBAZE works alongside your existing systems. Integrations, reports or dashboards are only part of the proposal once confirmed to be available for your situation. ### What does this require from our organisation? A point of contact, a defined group of policyholders and a baseline of your claims figures. BIKEBAZE handles registration and SafeTags. Scope, costs and reporting are in the pilot proposal. Request a pilot ## Test it on your own portfolio A defined pilot with baseline, measurement plan and evaluation. You see what it does for your claims before you scale up. ## Also for [All sectors · For business](https://www.bikebaze.nl/en/bb2b) - [Bike shops Extra margin per bike sold and a service that ties customers to your shop.](https://www.bikebaze.nl/en/bb2b/fietsenwinkel) - [Municipalities Give something back to your residents with a registration campaign: less bike theft, more bikes recovered and fewer bike removals.](https://www.bikebaze.nl/en/bb2b/gemeente) - [Bike rental Fewer stolen rental bikes, less write-off and your fleet back sooner after a report.](https://www.bikebaze.nl/en/bb2b/fietsverhuur) - [Lease companies Lower claims burden and fraud on lease bikes and a watertight administration at handover.](https://www.bikebaze.nl/en/bb2b/lease) - [HOAs, schools & organisations Less theft at your location and satisfied residents, students or employees, at a low cost per bike.](https://www.bikebaze.nl/en/bb2b/organisatie) - [Employers An affordable extra that better protects your employees’ bikes, easy to add to your bike scheme.](https://www.bikebaze.nl/en/bb2b/werkgever)