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Insurance Telematics

Nexar announces its vision-based Telematics solution

nexar-t'wire

Nexar, the provider of vehicle-to-vehicle network for preventing road collisions and enabling autonomous mobility, announced its vision-based Telematics solution which will leverage smartphone and cameras in automobiles to decrease accidents, better price auto insurance risk, and deter fraud. Insurance companies today are searching for an affordable and connected telematics solution …

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Insurance discount offered by Liberty Mutual Insurance for Volvo owners using advanced safety features

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Liberty Mutual auto insurance customers who drive a Volvo with active or passive advanced safety features may soon see a discount on their premium through Liberty Mutual’s new TechSafety program. In addition to encouraging the adoption of advanced and autonomous safety features among drivers through savings incentives, Liberty Mutual will …

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Insurer IAG purchases telematics innovator CCS

CCS-T'WIRE

Insurer IAG is targeting innovation and adding more value to commercial fleet customers through its Fleet Fit proposition with the purchase of Christchurch-based fleet efficiency and safe driver coaching business, CCS Innovation in Logistics (CCS). CCS, established by entrepreneur Corinne Watson in 2005, provides a New Zealand-wide proposition from their …

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Sompo Japan to introduce telematics car insurance

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Sompo Japan Nipponkoa Insurance is to introduce an automobile policy this year that would offer discounts based on driving data captured by a smartphone app. Sompo Japan’s has launched a mobile app named ‘Smiling Road’ which lets drivers know how safely they are driving. The data is then quantified to …

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EMC Insurance Companies has chosen Octo as a fleet telematics partner for its commercial telematics program, Peak FleetTM

Octo Telematics

Octo Telematics announced today that EMC Insurance Companies has chosen Octo as a fleet telematics partner for its commercial telematics program, Peak FleetTM. Octo Telematics will provide the full platform and accompanying services for the insurer’s fleet telematics program to promote safer driving and maximize fleet performance. According to a …

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Liberty Videocon General Insurance to offer user based insurance

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Liberty Videocon General Insurance is to launch a new telematics project to track user behaviour. In a pay-as-you-drive concept, this will allow policyholders to get better pricing on their insurance policy if they exhibit good driving skills. Liberty Videocon had made an attempt to launch a telematics project in 2013 …

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UK plans to remove insurance barriers for self-driving cars

Gov.uk

Britain plans to introduce new insurance rules to ensure victims of accidents involving self-driving cars are compensated quickly in a bid to remove a major obstacle for the nascent industry. The introduction of self-driving cars has been hampered by legal hurdles in several countries as insurers and legislators try to …

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American Family Insurance partners with Automatic to provide insurance telematics

Automatic_Telematics_Wire_logo

Automatic has announced a comprehensive partnership with American Family Insurance, using connected-car technology to help drivers stay safe and reduce their insurance costs. Under the partnership, Automatic will provide its category-defining OBD-II adapters and mobile apps to new American Family Insurance policyholders who enroll in the company’s KnowYourDrive program. The program …

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O2 Drive – car insurance policy, exclusive perks, discounted car servicing and maintenance

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O2 has become the first mobile company in the UK to offer car insurance with the launch of its O2 Drive proposition, along with additional telematics proposition O2 Drive – Box on Board, which helps responsible young drivers get on the road. O2 Drive, in partnership with Junction, BGL Group’s …

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U-blox ZOE-M8G an ultra-compact GNSS module

ublox

u-blox today announced the launch of ZOE-M8G, an ultra-compact GNSS (Global Navigation Satellite System) receiver module, especially designed for markets where small size, minimal weight and high location precision are essential. ZOE-M8G offers exceptionally high location accuracy by concurrently connecting to GPS, Galileo and either GLONASS or BeiDou. It also …

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