Telematics
The Technology of the future
This special video edition of Post, The Technology of the Future, offers a greater insight into a number of the key developments that are helping reshape the UK and international insurance sectors.
Quindell signs deal as Ebitda rises
Quindell has reported gross sales of almost £163m in the first quarter of 2014, as its subsidiary 360 Globalnet has agreed two five-year property claims deals worth £20m with an unnamed direct UK insurer.
Expertise In Action - Big data: Thinking big
‘Big data’ has long been hailed as the next big thing in insurance – so why have firms been so slow to harness its undoubted potential?
Coverbox parent brings admin and contact functions inhouse
Drivestyle Insure, which operates Coverbox and the Drivestyle telematics brands has moved its entire administration and call-centre functions away from BDML, taking the units in house.
RAC partners with Quindell for £100m telematics joint-venture
RAC and Quindell have come together to launch a new joint-venture company to distribute telematics and connected car products.
April Fool’s: No telematics deal in the pipeline for cyclists
While there may be some truth in there being a long-running battle between motorists and cyclists on Britain’s roads – it will not be solved by a telematics offering from a major motor insurer.
Major motor insurer close to telematics deal for bicycles
A major motor insurer is close to launching a telematics offering for cyclists, in partnership with a telematics specialist, Post has learnt.
Driving new revenue streams through telematics
Fracking technology has fundamentally transformed the energy sector, by helping us gain access to oil and gas in the ground. This is testament to our ability to create new commercial opportunities by making use of a disruptive technology.
Video - Octo Telematics: Telematics: A niche for young drivers?
Telematics began its journey in the specialist niche of young drivers. But is predicted to move into the mainstream in the future.
Video - Octo Telematics: Telematics - an attractive proposition
According to research from the British Insurance Brokers’ Association, the number of live telematics policies increased by 116 000 between 2012 and 2013. While the number of telematics providers also increased from 10 in 2012 to 15 in 2013.
In Series: Data: Down the data rabbit hole
Data is expected to drive change in the insurance industry, with greater volumes set to create distinct opportunities.
Video: Octo Telematics: The future of the motor insurance market
Telematics is one of the latest insurance buzzwords. Its use in vehicles is being touted as one of the keys to the future of the motor manufacturing market and, therefore, the future of the insurance motor market.
Fraud Focus: Catching up with motor fraud
Are the days of motor insurance fraudsters numbered? Playing devil’s advocate, you might be forgiven for thinking that is the case.
In Series: Data: Weeding out fraud
With organised fraud costing the insurance industry an estimated £392m a year, is increased use of data the key to winning the battle?
C-Suite – Insurer: Where will the tech journey lead?
Insurers should be looking to seize upon the opportunities presented by telematics and driverless cars.
Fleet broker fitting all vehicles with cameras
Motor fleet broker Just Fleet is to become the first business to fit all vehicles with front-facing accident cameras.
Innovation Group report highlights motor market evolution
Insurers must do more to put the customer at the heart of motor insurance following a year of unprecedented reform, according to Innovation Group sales director Ian Bowen.
Telematics: Asian appetite
The sophisticated use of data and technology are becoming necessities for insurers globally. Andrew Tjaardstra investigates how the insurance telematics market might develop in Asia over the next five years
C-Suite – Insurer: Regulation through collaboration
All parties have a role to play in order to achieve improved regulation of the motor insurance market.
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).
Tracker’s technology offering a draw card in Lysanda purchase
Former Direct Line Group-owned telematics provider Tracker’s robust technology was one of the major draw cards for its purchaser Lysanda, according to the chief executive.
Tracker to explore European expansion as DLG agrees terms with Lysanda
Direct Line Group has completed the sale of stolen vehicle recovery and fleet tracking telematics provider Tracker to Lysanda.
Insurers told to prepare for ‘seismic’ impact of driverless vehicle technology
ABI set to attend Valentine’s Day government summit on driverless cars.
Editor's comment: A crucial Valentine’s Day date
Autonomous – or driverless – cars are clearly the future.