GPS BUSINESS NEWS

 

Insurance Telematics

The State of Usage Based Insurance - 04/16/2014

Ptolemus Consulting issued last week an interesting infographic that describes the current state of Usage-Based Insurance (UBI), also called insurance telematics. It is estimated that around 5.5 million insurance policies leveraging telematics data...

Q&A with Octo Telematics CMO - 02/12/2014

On February 6th Amadeus Capital Partners announced the sale of Octo Telematics for €405 million to Renova Group, a private, multi-sector Russian company. GPS Business News discussed with Octo's Chief Marketing Officer Jonathan Hewett the current...

Tata Consultancy Services Leverages Smartphones for Usage Based Insurance - 12/27/2013

Tata Consultancy Services last week launched their Insurance Telematics Solution, a mobile application that turns consumers' smartphones into mobile telematics devices. The solution minimizes the need for a separate, potentially expensive,...

Woop: New TomTom UK Customer for Insurance Telematics - 12/11/2013

TomTom today 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,...

Insurance Telematics: Q&A with David Pratt, GM UBI at Progressive - 11/07/2013

David Pratt, General Manager Usage-Based Insurance at the U.S. insurer Progressive answered the questions of Frédéric Bruneteau, Ptolemus Consulting. Frédéric Bruneteau: Where does Snapshot stand today? What are the key facts & figures you can...

Q&A with Fabio Sbianchi, CEO of Octo Telematics - 10/21/2013

Fabio Sbianchi, the CEO of Octo Telematics, the Italian-based pioneer of usage-based insurance answered the questions of Frédéric Bruneteau, Ptolemus Consulting. Frédéric Bruneteau: Octo has been one of the founders of the insurance telematics...

Usage-Based Insurance Debuts in Australia - 10/16/2013

Australian telematics provider IntelliTrac has announced this week they are supplying technology to Insurance Box to enable what they claim to be the first telematics-based personal car insurance in Australia. Insurance Box is a subsidiary of QBE,...

Usage Based Insurance Awareness Reaches 1/3 of U.S. Consumers - 08/22/2013

One in every three U.S. consumers is aware of usage-based insurance (UBI), the systems based on telematics, tripling its awareness in the last three years, according to a new study commissioned by LexisNexis. The web-based survey polled 2,072 U.S....

DriveFactor Inks UBI Deal with Admiral Group in the UK - 07/24/2013

DriveFactor a U.S/. company that provides telematics and driver analytics solutions announced today to have entered in a partnership with Admiral Group, a large British insurer. Through this partnership, DriveFactor will power a version of...

Infographics of Insurance Telematics in the UK - 07/01/2013

This infographics was developed by SSP, a provider of IT solutions to the global insurance & financial services industries.

Novatel Wireless Announces New OBD-II Tracking Dongle - 07/01/2013

Wireless modem provider Novatel Wireless has started to show today the new generation of its OBD-II solutions for the commercial and consumer telematics markets. Samples of the device are available today for customers. MT 3060 - that succeed the MT...

Insurethebox: 190,000 Insurance Telematics Customers and Counting € - 06/27/2013

Charlotte Alkett, marketing actuary at the British telematics insurer Insurethebox was presenting the results of their latest product launch “Drive Like a Girl“ at the Connected Cars conference this week in Amsterdam. We seized the opportunity to...
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