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Insurance Telematics

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

Liberty-videocon2-T'wire

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

O2-T'wire

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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More than 750,000 live Telematics based policies in UK

BIBA_Telematics_Wire_logo

The British Insurance Brokers’ Association (BIBA) conducts annual research into the number of telematics policies live in the UK and in 2016 the number exceeded three quarters of a million for the first time. The BIBA survey includes information from the leading telematics brands in the UK to determine the …

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Liberty Mutual announces expansion of personalized insurance offerings

liberty-insurance-twire

Liberty Mutual has announced an expansion of personalized insurance offerings providing additional value to existing and new customers.  These new products use innovative technology to help you become a better, safer driver and ultimately worry less on the road. Safe driving meets gamification with Liberty Mutual’s new, free HighwayHero app. …

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Octo Telematics acquires TRS for € 7 million

Octo Telematics

Octo Telematics (Octo) has announced its acquisition of the Mobility Solutions business of Tecnologienelle Retienei Sistemi T.R.S. S.p.A (TRS), for €7m in cash. Octo provides a full suite of solutions for motor insurers and fleet managers,connecting over 4.6 million users globally. By integrating Mobility Solutions into its current portfolio, Octo …

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