Telematics
The Insurance Technnology Awards 2013 shortlist is now out
The shortlist is now out for the Insurance Technology Awards 2013.
Blog: Driving down rates?
Is telematics actually providing young male drivers with the more competitive rates it promises? With two young sons about to take to the roads, David Waring finds out.
China's telematics boom could take up to five years
The emergence of telematics in China will take three to five years, as the China Insurance Regulatory Commission begins to liberalize insurance terms and rates, according to technology research firm Celent.
Interview: Ben Fletcher: Taking the fight to fraudsters
Not satisfied with solely battling organised motor fraud, Insurance Fraud Bureau director Ben Fletcher tells Post how, through better industry collaboration, the IFB could extend its remit to other areas.
Aqua unveils proposition to mitigate young driver insurance cost
High net worth insurer Aqueduct Underwriting has unveiled a package that aims to mitigate the high cost of young driver insurance and bring the motor and home insurance needs of families into a single portfolio.
Spain and Italy most interested in telematics
A majority of drivers in the six largest motor insurance markets in Europe have indicated they are willing to embrace telematics-based products, according to research by Towers Watson.
Older drivers tempted by 'try before you buy' telematics offering
A majority of drivers in the six largest motor insurance markets in Europe have indicated they are willing to embrace telematics-based products, according to research by Towers Watson.
Quindell boosts Ingenie investment amid over 25s and Canadian expansion
Outsourcing provider Quindell Portfolio has increased its investment in Ingenie to approximately 43% and has made a direct 40% investment in two newly formed Ingenie subsidiaries.
Telematics product launched in Ireland
Ireland’s first dedicated telematics brand Boxymo has been launched by Octo Telematics in partnership with MCL Insurance Services.
Insurance Technology Awards 2013: Five days to go until entry D-day
There are now just five days to go until entries close for the Insurance Technology Awards 2013.
Telematics and mobile devices innovation trends to watch
More than 400 insurance-related patents were filed last year, with telematics products and use of mobile devices among the top trends, research from a London law firm has found.
Drivestyle Insurance Holdings hires CEO from Allianz
Telematics insurer Drivestyle Insurance Holdings has hired Andrew Bennett, former broker sales manager at Allianz, as chief executive officer.
General Legal Protection MD speaks out on claims culture
The ease with which the current insurance claims system can be abused contributes to the compensation culture in the UK, General Legal Protection managing director André Scruton says.
Gender Directive: New Tricks
The EU Gender Directive has given rise to a new generation of ‘girly’ motor insurers – but are the practices sustainable in the long term?
Insure The Box teams up with brokers for policy partnership
Telematics provider Insure The Box and its sister brand Drive Like a Girl have partnered with five brokers to sell their policies.
Sabre launches into telematics supported by Wunelli and Open GI
Motor insurer Sabre has partnered with telematics solution provider Wunelli to launch its first telematics product – Drive Smart.
Coverbox claims pay-as-you-drive user first
Coverbox Drive Style customers are the first drivers in the UK to able to find out the cost of their car insurance as it happens, the company claimed today.
RAC launches telematics product with Risk Technology
Telematics provider Risk Technology and motoring organisation RAC are teaming up to launch a product to help drivers in the event of a breakdown.
National speed limit database still some way off, claims OS
Ordnance Survey has distanced itself from suggestions the launch of a national speed limit database is imminent, but has vowed to work to “better understand” complex information held on speed limits.
Quindell takes 19% stake in US telematics provider
Outsourcer Quindell has completed a deal for a 19% stake in Himex, as US provider of usage-based insurance products.
Fatal crash prompts calls for insurers to scrap nighttime driving curfews
Telematics providers are urging insurers to remove nighttime driving restrictions from their products, after a coroner cited a curfew as a factor in a fatal crash involving two teenagers.
Editor's comment: A fork in the road
In 2008 when Aviva (then Norwich Union) shelved its pay‑as‑you‑drive model due to “poor take-up” after only two years in the open market, it appeared that the product had fallen at the first hurdle.
Telematics: Ask the experts
Insurers should be wary of rushing into the telematics market alone – pricing, legacy technology and cost mean collaborating may be a wiser strategy.
View from the Top: Crazier than spaghetti junction
After all the protracted pandemonium for motor insurers, discipline is now needed, says Colin Batabyal, personal lines director, Covéa Insurance