Telematics
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.
Vehicle Technology: End of the driver?
At the Consumer Electronics Show in Las Vegas, nine motor manufacturers exhibited autonomous car prototypes. What does this technological leap mean for the future of motor insurance?
Quindell set to acquire remainder of Ingenie
Outsourcing provider Quindell has agreed a deal to acquire the remaining shares in telematics firm Ingenie.
More Than launches telematics app
More Than has launched a telematics app giving drivers up to 20% off their car insurance after it has analysed their driving technique for 200 miles.
DfT demands more telematics research before young driver safety green paper
Insurers warn telematics is not a ‘silver bullet’ as long wait for paper continues.
Young driver debate welcomed despite lack of progress on green paper
Companies in attendance at a Westminster Hall debate on young driver safety have welcomed the opportunity to engage in a collaborative industry discussion, but questioned the prolonged delay of a green paper on the issue.
ABI’s Evans slams lack of political courage on young drivers
The Association of British Insurers has condemned stalled progress on a government green paper investigating updated rules for young drivers.
ABI to defend merits of driving curfew at Westminster talks
The Association of British Insurers has reiterated its backing for the introduction of a curfew for young drivers in the face of growing calls from telematics firms for government to scrap the proposed scheme.
Wunelli adds support to non-curfew solution ahead of government debate
Wunelli is calling on government to introduce policy adjustments as opposed to implementing a nighttime curfew for young drivers, ahead of a Westminster debate with telematics providers next week.
Admiral guarantees premium discounts for users of new app
Admiral teamed up with telematics provider Wunelli to launch its ‘AppyDriver’ smartphone app in a bid to reward safer driving with discounted premiums.
Telematics policies increased 61% in 18 months, Biba research shows
The number of live telematics policies increased by 116 000 between 2012 and 2013, according to research from the British Insurance Brokers’ Association.
Trak reinforces insurance presence with McSorely hire
Telematics service provider Trak Global Solutions has appointed Jason McSorley to the role of insurance solutions director with immediate effect.
Gender Directive: One year on
Just over 12 months after its implementation, has the Gender Directive impacted the industry as strongly as expected? And what has it meant for the progress of telematics?
Telematics providers push for young driver curfew plans to be scrapped
Green paper on young driver safety postponed indefinitely ahead of debate.
Fraud Focus: Keeping pace in the fraud fight
The world of insurance fraud is fast paced and getting even faster. If you thought 2013 was interesting then 2014 certainly should not disappoint when it comes to change in the fight against fraud. Are you ready?
Europe: Ecall opportunities
What does the long-anticipated road safety initiative Ecall – set to be introduced across the EU in October 2015 – mean for the insurance industry?
Penny Black's Insurance Week - 19/26 December 2013
Penny is always excited to hear about the latest technology, and was therefore intrigued by reports from Octo telematics that the firm had built its own crash simulator capable of tossing and turning brave volunteers to replicate dramatic car accidents.
International: Europe boards the telematics train
European powerhouse Germany is the latest country to show an appetite for collecting driving data. But the global spread isn’t stopping there.