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Insurance Telematics

CalAmp to supply wireless tracking and monitoring devices to Modus for UBI services

United States: CalAmp CAMP +6.01% , a provider of wireless products, services and solutions has announced that it has begun commercial shipments of its advanced location-and-messaging units (LMUs) to Modus for use in their usage-based insurance (UBI) solutions offered by top insurers in the United States. Modus provides a full-service …

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TCS unveils usage-based insurance telematics solution

Mumbai: Tata Consultancy Services, a leading IT services, consulting, and business solutions organization, has announced the launch of TCS Insurance Telematics Solution, a mobile application that turns consumers’ smartphones into mobile telematics devices. Facilitating Usage-based Insurance (UBI) practices that more closely align consumer driving patterns and habits with auto insurance …

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Insurance Telematics supplier ranking 2013

London: According to a recent study by Ptolemus as a part of its UBI Global Study, has identified a total of 78 technology suppliers and 44 UBI service providers with demonstrated PAYD / PHYD capabilities in Europe, North America and other Continents. Ptolemus has ranked these suppliers based on 14 …

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UK: TomTom Link for ‘woop’ insurance telematics service

TomTom's Link for woop telematics insurance cover

UK: TomTom has announced that woop, a new car insurance policy for young drivers will be using its technology. TomTom’s LINK 410 tracking device will be installed in the policy-holder’s vehicle to provide data on all aspects of driver performance, from acceleration and harsh steering or braking to accident reporting. …

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Telefónica partners with Sparkassen DirektVersicherung to launch insurance telematics solutions in Germany

Telefónica recently announced that its German subsidiary has signed a deal with Sparkassen DirektVersicherung to bring the first insurance telematics product to Germany starting this month. The product will offer significant security services and the potential for consumers to save money on their car insurance. It will also encourage safer …

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Lecture on smartphone driven insurance telematics by Prof. Peter Handel

Prof. Peter Handel

A lecture on ‘Smartphone Driven Insurance Telematics’ by Professor Peter Händel, KTH is to take place at IIT Kanpur on October 28, 2013 and at IISc, Bangalore on October 31, 2013, The lecture gives an overview of insurance telematics in general, and Smartphone driven insurance telematics in particular.  Is it …

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Ptolemus releases Usage-Based Insurance Global Study 100-page Free Abstract

PTOLEMUS Consulting Group has announced the release of the Usage-Based Insurance Global Study 2013 edition. The 800-page reference document will be available to download from the PTOLEMUS website from the 21st October. Interested insurers may, however, download the free 100-page abstract today Since the release of the first edition in …

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IntelliTrac introduces telematics car insurance in Australia


Australia: IntelliTrac, Australia’s leading telematics provider has partnered with Insurance Box in Australia’s first telematics car insurance system. CEO and Founder of IntelliTrac, Dean Calapai said, “We are honored that Australian developed telematics technology has been selected by Insurance Box, made possible by QBE, in Australia’s first telematics based personal …

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Driveway Software launches smartphone and cloud-based telematics platform


USA: Driveway Software has announced the official introduction and immediate availability of its SmartUBI Platform, a complete insurance telematics platform which includes a smartphone usage-based insurance (UBI) application, and cloud based analytics and portals. Driveway’s SmartUBI Platform offers carriers looking to enter the usage-based insurance market a deployment solution, putting …

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LexisNexis launches app for UBI


UK: LexisNexis Risk Solutions has announced the launch of LexisNexis Telematics Mobile application. The white-label mobile application for smart phones to capture and transmit information about driving data. LexisNexis Telematics Mobile helps address cost barriers created by high in-car telematics device costs. Ash Hassib, Senior Vice President and General Manager, …

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