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Insurance Telematics

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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Asset Protection Unit(APU) prevents fraudulent motor insurance claim worth £20,000 using telematics

Texas, United States:Asset Protection Unit (APU)  have prevented a false personal injury claim using a telematics system and other techniques used by motor fraud investigators. APU assisted Aviva insurance in refuting the claim – amounting to approximately £20,000 – after it concluded its investigation into an alleged automobile accident in …

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Co-operators’ en-route Auto program brings IMS UBI intelligence solution to Ontario drivers

Ontario, Canada:  The Co-operators is introducing the en-route Auto Program™ in Ontario, a unique offering that will allow for more customized auto insurance and lower premiums for safe drivers, based on usage-based insurance (UBI) technology developed by Intelligent Mechatronic Systems (IMS). Beginning April 2, clients who sign up will receive …

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Wunelli creates smartphone app for Drivology to drive innovations in Insurance Telematics

United Kingdom:  Wunelli, the telematics enabler for the insurance sector has created an innovative new smartphone app for Drivology, a completely new insurance brand underwritten by Axa. Drivology, which launched today (17th March), is designed for lower risk drivers of 25 years plus. Representing a number of firsts in the …

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Lytx and Sentry Insurance to provide DriveCam program for its transportation clients

United States: Lytx, Inc. (formerly DriveCam, Inc.), announced  an agreement with Wisconsin-based Sentry Insurance to provide Sentry’s transportation clients with the DriveCam powered by Lytx™ driver safety management solution. Sentry will share a significant portion of the monthly program cost, and expects its clients to broadly adopt the DriveCam® Program.  …

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