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Insurance Telematics

CalAmp offers CDMA option for vehicle finance solution

April 15, 2014| Oxnard, CA, United States:  CalAmp  announced  that the industry’s premier vehicle finance payment assurance solution, LenderOutlook™, now supports the option of nationwide CDMA cellular coverage, ensuring reliable access to vehicle location and status information for improved asset management and reduced portfolio risk. “Our new monitoring and tracking solution …

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Novatel Wireless and Chipin BV to deliver Usage Based Insurance(UBI) solutions to European markets

April 15, 2014 | San Diego, United States:  Novatel Wireless, Inc.  and Chipin B.V., a provider of innovative solutions for insurance and fleet management based on dynamic pricing, today announced that Novatel Wireless will supply its MT 3060 and N4A™ Device Manager to support Usage Based Insurance (UBI) programs in …

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Alberta’s Automobile Insurance Rate Board(AIRB) supports telematics for UBI solutions

April 8, 2014|Alberta, Canada:  Before carriers can roll out telematics-based auto insurance in Alberta, the issue of “informed consent” from consumers will need to be addressed, the province’s Automobile Insurance Rate Board suggested in its recent annual report. “A number of insurers and other stakeholders have approached the Board about …

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Modus and ATrack announce partnership to bring Insurance Telematics solutions to Asia

Taipei, Taiwan:  Modus, a world leading end-to-end insurance telematics solution provider and ATrack Technology Inc., a world-class manufacturer of GPS Vehicle Telematics Devices, today announced a new partnership to bring Modus’ innovative suite of insurance telematics solutions to insurance providers and their customers throughout Asia. According to a 2011 report published by Ward’s …

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CrashSense launches DriveSense- Patent pending telematics solution to monitor driver behaviour

Florida, United States: CrashSense, LLC, a telematics applications provider for the insurance industry, released their unique software application . CrashSense available on both iOS and Android operating systems is offered as either a white label applications that can be branded for insurance companies, or as a customizable SDK that can …

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Verisk Analytics opens Verisk Telematics division for Usage Based Insurance(UBI) solutions

Verisk_Analytics_UBI

New Jersey, United States: Verisk Analytics has formed a new division — Verisk Telematics — to provide driver discount programs that insurers can integrate into their telematics and usage-based insurance (UBI) initiatives. “Safety Scoring®, our risk score based on driving behavior, helps auto insurers offer discounts that reflect how customers …

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Floow to provide telematics solutions to AIG

Ireland: AIG’s XLNT Driver is powered by technology and analytics experts The Floow and is  revealed finally. Earlier this year AIG announced that customers who use the app will be given a 5% discount on their premium immediately, and further discounts of up to 20% will be applied after three …

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Quindell vehicle tracking and insurance telematics adoption driven by patent decision

United Kingdom: Quindell PLC has been contacted by several U.S. insurers interested in its telematics technology after a U.S. government ruling this month canceled a number of patents held by auto insurer Progressive Corp. (PGR), its chief executive said Monday. Telematics systems let car insurers keep tabs on how well …

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IEEE Intelligent Transportation Systems Magazine: Report on Insurance Telematics

Peter Handel along with  Isaac Skog,  Johan Wahlstrom, Farid Bonawiede, Richard Welch, Jens Ohlsson, and Martin Ohlsson( all being members of IEEE) recently submitted a report to IEEE Intelligent Transportation Systems Magazine. The report namely, Insurance telematics: opportunities and challenges with the smartphone solution sheds  light on the the role of smart phone in …

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PeopleNet launches fleet management solutions for energy services suite

United States: PeopleNet, a Trimble company and provider of fleet mobility technology that optimizes performance and decision-making management, has launched a mapping and navigation solution for its Energy Services suite, serving U.S. fleets in the upstream and midstream sectors. PeopleNet’s new Energy Services mapping and navigation solutions are based on …

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