Insurance Post

Telematics policy take-up accelerates by 40% in past year

Cars on a motorway

The number of live telematics based motor insurance policies has increased by 40% of the course of the past year, according to research by the British Insurance Brokers’ Association.

Biba surveyed the 30 leading telematics brands in the UK to determine the number of live policies currently in use in the market.

The results showed an increase of 132,000 compared to the same time

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