Telematics broker, Carrot Insurance has become a member of the Insurance Fraud Bureau in a move that will see both parties sharing data with one another.
UK telematics technology provider The Floow has raised £13m for equity investment from a variety of international funds.
The growing usage-based insurance market is an opportunity for insurers, but there are some barriers yet to overcome.
Information gathered from blackbox telematics has been used successfully to reveal a dishonest customer claim involving a hire vehicle.
Just Miles is planning to launch an on-demand insurance service for low mileage drivers in a bid to make insurance fairer.
Large numbers of uninsured cars have been seized but many vehicles continue to drive around uncovered
Telematics data shows young drivers drive more carefully in winter than in summer. This type of insight can help insurers develop new rating factors.
Mobile company O2 will now deliver car insurance through its telematics-based mobile app 02 Drive.
After a slow start to 2017 I suddenly had lots of decisions to make this week about holidays, extracurricular activites and building plans (for my extension).
‘Insurtech´ has been a buzzword in the insurance sector for a few years now, but how many of us have truly woken up to the opportunities that exist for the insurance market within the technology sector?
Dutch insurer Aegon is using its start-up telematics provider Kroodle to improve driving performance of customers with high claims volumes.
Direct Line has launched new telematics app to promote safe driving in drivers aged 17-25-years old and reduce the risk of crashes.
Inflexion Private Equity has bought out telematics specialist My Policy and brought in Mark Wood, who previously held a CEO position at Axa, as chairman.
Watchstone is expected to make a loss of £14.9m in its full year results.
Octo has signed a deal with LV Broker to provide a “full telematics ecosystem”.
Having grown up in the internet age, Millennials have very different expectations to previous generations. Young people are getting into the driver’s seat and motor insurers need to understand how to build a relationship with them
Wasn't expecting that... The lyrics from the Jamie Lawson song could apply to insurers, following the latest hike in insurance premium tax.
The final Claims Club meeting of 2016 considered the virtual and surreal worlds facing the motorist today and the opportunities, risks and risk management issues of maturing telematics technology.
Data can bring benefits and early adopters of digital technologies are already seeing a return on investment. What will the full impact of digital and data enrichment be on the motor sector?
Van insurance is often purchased by sole traders in the same way as household insurance but data in this sector lags behind the rest of the personal lines sector. What can the sector do to catch up?
Drivers will be able to use their telematics score to get quotes from other insurers at the end of their policy.
The young motor specialist broker Only Young Drivers has entered into a partnership with Trak Global.
Beyond futuristic gadgets, connected cars feature technology that can help avoid collisions and detect other hazards.
The proposed reforms to salary sacrifice schemes could lead to more employees using their own cars for business - and an insurance headache.