Octo buyer to utilise telematics nous to penetrate Russian market
Renova Group is hoping to penetrate the Russian insurance market by tapping into telematics technology following its acquisition of Octo Telematics in a deal that is reported to be worth €408 million (£249m).
Italian-based Octo, which relocated its frontline operations from Rome to London last year, claims to have eight out of the world's largest car insurers as clients and has a number of subsidiaries in
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