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Value-Added Services

Value-Added Services

Insurance Telematics: Insure The Box detects fraudulent claims

Insure The Box

Published :21 October 2016 Insure The box, a telematics based car insurance company was successful in saving as much as £50,000 as it could detect and reject fraudulent claims. Company had used telematics data for the first time in 2014 when it was able to bust a false claim resulting …

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LexisNexis provides driver behaviour telematics app for Nationwide’s SmartRide UBI program

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Published: March 25, 2016 | Atlanta, GA LexisNexis Risk Solutions announced that Nationwide, one of the largest US insurance and financial services companies, has selected the company to deliver the insurer’s telematics program, SmartRide Mobile. This UBI program provides discounts for safe driving for members who choose to participate. All …

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Telematics firms and 5000 Californians to participate in usage-based road charging pilot

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Published: March 16, 2016 | Sacramento, CA California Department of Transportation (Caltrans) will test the country’s second pilot program to explore road charging as a potential long-term replacement for the gas tax with 5000 volunteers and several telematics partners. Oregon launched the first pilot project in 2015 with OReGO. Road …

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InsureMy launches telematics and driver monitoring pilot for novice drivers in Canada

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Published: January 27, 2016 | Alberta InsureMy, the Canadian insurance brokerage firm, announced the piloting of their innovative young drivers program, New Drivers Intelligence (“NDI”). With a full launch across Alberta and Ontario anticipated in early 2016, Canadian parents will soon have access to real-time driving data, direct from their vehicles, …

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Octo Telematics launches “Octo Ride V2” for motorcyclists

Octo Telematics

Published: September 15, 2015 | Italy Octo Telematics presented its latest telematics device for motorcyclists, Octo Rider 2V, at the San Marino MotoGP in Italy over the weekend. Octo Rider 2V, which is the first video recording system conceived for motorcycles and scooters, will safeguard motorcyclists by providing them with …

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Towers Watson: Young drivers are leading the charge for UBI programs

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Published: September 12, 2015 | Canada Millennials now outnumber Baby Boomers in the U.S. and are far more diverse, according to the U.S. Census Bureau. The buying behaviors and expectations of this rising demographic will require a complete rethink by both auto insurers and car manufacturers. Companies that are not …

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Towers Watson and Cambridge Mobile Telematics agrees to provide UBI and telematics analytics services

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Published: September 3, 2015 | Arlington, VA, United States Global professional services company Towers Watson and Cambridge Mobile Telematics (CMT), a telematics technology provider using advanced mobile sensing, data analytics and behavioral science, announced an agreement to provide a jointly developed comprehensive usage-based auto insurance (UBI) solution and other value-added …

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AllState uses telematics UBI app data to “incentivize” good drivers

Published: September 02, 2015 | Northbrook, IL Drivewise® Mobile – Allstate’s award winning smartphone application – now prominently features Allstate Rewards. In addition to saving money on their auto insurance every six months, safe drivers now can use the upgraded app to earn points and use the points for deals …

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Navigating the telematics journey through motor insurance industry

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Insurance companies cannot rely on traditional data mining technology to analyze all of this new data. Due to the sheer size of telematics data, insurers must consider a distributed, in-memory environment to display the results of data exploration and analysis in a way that is meaningful but not overwhelming. Stuart …

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EXCLUSIVE: Capgemini, BT and W3C articles in Smart Automotive May-June edition

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Published: July 15, 2015 | New Delhi, India Telematics Wire, a media services firm focused on online publication, market research and conferences related to Vehicle Telematics revealed the upcoming edition (Vol 2, Issue 3) of its bi-monthly publication Smart Automotive. The online edition can be accessed HERE. Smart Automotive is …

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