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Tag Archives: Usage Based Insurance

Singapore: Etiqa Insurance launches usage based car insurance ePROTECT sMiles

etiqa-t'wire

Insurance arm of Maybank Group, Etiqa Insurance, has launched an affordable usage-based car insurance ePROTECT sMiles in Singapore, providing 50% premium savings upfront and potentially saving customers close to $500 annually. Following the wider interest and usage of Usage-based insurance (UBI) in Singapore, the launch of ePROTECT sMiles supports the …

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Amodo parters with Nicigo to extend UBI solution

NIcigo

Published : 20 October 2016 Hangzhou Nicigo Technology Co.  and Amodo has developed a state-of-art driver behaviour profiling and Usage Based Insurance (UBI) platform with particular focus on as customer engagement capabilities. Both companies are well involved in the insurance telematics space.The purpose of the announced partnership is to integrate …

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LexisNexis risk solutions annual telematics study reveals 50% of drivers adopt usage-based insurance when offered to them

Lexis Nexis

Published: 26 August 2016, Atlanta A new LexisNexis Risk Solutions study on usage-based insurance (UBI) found that a surprising number of U.S. drivers (50 percent) report enrolling in pay-as-you-drive policies when offered, yet few are given the choice, revealing a significant market-building opportunity for auto insurers. The 2016 LexisNexis® Usage-Based …

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ATG and Carfax agrees to empower commercial auto insurers via UBI programs

ATG_logo_Telematics_Wire

Published: May 6, 2015 | Seattle, WA, United States ATG Risk Solutions, creators of the FAIR™ Score safe driving index and the first telematics data clearinghouse to enable usage-based insurance (UBI) programs for auto insurance carriers, announced a partnership with Carfax. As part of the agreement, ATG and Carfax will …

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GeodeTech’s new ‘Distracted Driving’ feature for UBI providers and drivers alike

Geodetech2014X300

Published: May 6, 2015 | Fredericton, NB, Canada GeodeTech, a provider of smartphone technology solutions for the insurance industry, announced their new “Distracted Driving” feature for its GeodeVu app. This new feature greatly enhances the value of the customizable software – both to Usage Based Insurance providers and drivers alike. …

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ATG and GPS Insight partners for telematics data sharing to permit usage based insurance

ATG_logo_Telematics_Wire

Published: March 23, 2015 | Seattle, AZ, United States ATG Risk Solutions, creators of the FAIR™ Score safe driving index and the first telematics data clearinghouse to enable usage-based insurance (UBI) programs for auto insurance carriers, and fleet telematics provider GPS Insight announced an agreement under which the ATG Clearinghouse …

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Agnik and Harman bags U.S. DoT contract for next-gen usage-based insurance

agnik

Published: September 2, 2014 | United States Agnik announced that it has received a US Department of Transportation Contract for developing advanced mathematical game-theoretic framework-based products in the area of social incentives and mechanism design for usage-based insurance. This project will be performed in collaboration with Harman International. The project …

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Infographic: LexisNexis research study on Usage Based Insurance (UBI) 2014

Lexisnexis-telematics-wire-logo

Published: August 28, 2014 | United States LexisNexis Risk Solutions released a study which says that consumers are beginning to see the safety benefits associated with telematics as a major proof point when deciding whether or not to adopt a usage-based insurance (UBI) program. Additionally, consumers comfort levels with sharing …

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Modus and Cellcontrol partners to combat distracted driving for UBI market

UBI and distracted driving solution from Modus

US: Modus and Cellcontrol have announced a technology and services partnership bringing distracted driving prevention solutions to the usage based insurance market. Available for consumer and commercial UBI programs , the solution informs drivers of risky behavior, and blocks access to texting and other applications, in real-time, without impacting the …

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US: Modus executing its usage based insurance and distracted driving solution

UBI and distracted driving solution from Modus

          Modus group is executing its usage based insurance and distracted driving solution. According to its website on usage based insurance: Usage-based auto insurance (UBI), also commonly referred to as UBI, analyzes driving patterns and encourages safe driving practices based on actual driving data collected by …

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