All the headlines from our Telematics Topic Page, ordered by recency.
May 2 2018 // Italy’s Octo Telematics, a global provider of telematics for the auto insurance industry, confirmed the completion of the purchase of 20 percent of the company’s shares by its Chairman Sir John Peace and Chief...
Apr 13 2018 // Italy’s Octo Telematics announced that its chairman and chief executive have signed a binding agreement to purchase 20 percent of Octo’s shares from Russian company Renova Holdings.This share purchase will...
Apr 12 2018 // Italy’s Octo Telematics has put a planned initial public offering on hold after sanctions were imposed on controlling shareholder Renova Holdings and on Renova’s Russian chairman, Viktor Vekselberg, two sources...
Feb 20 2018 // The road to profits is paved with good data.Every hour, a modern car processes about 25 gigabytes of information — the equivalent of about seven full-length high-definition movies — on everything from engine...
Feb 13 2018 // Roost, a provider of home telematics for property insurance carriers, has partnered with Erie Insurance to test customer engagement with its Roost Smart Water Leak and Freeze Detector device in order to prevent water...
Feb 5 2018 // The difficult job of moving commercial auto insurance to a profitable place has not gotten any easier.More vehicles on the road thanks to a rebounding economy, more miles driven, distracted drivers and...
Jan 25 2018 // The number of live telematics-based policies reached almost one million – standing at 975,000 in 2017, according to the British Insurance Brokers’ Association (BIBA).The BIBA survey includes information from the...
Jan 5 2018 // Auto insurance is experiencing its most seismic shift since it began over 100 years ago. If 2017 shook up the industry with an increasing number of carriers adopting mobile telematics programs for UBI, 2018 will break the...
Dec 22 2017 // Zurich Insurance Group announced it has purchased 100 percent of the shares of Bright Box HK Ltd. and its subsidiaries – an acquisition designed to increase its capabilities in connected car technologies and...
Dec 4 2017 // Octo Telematics, the the London-based provider of telematics for the auto insurance industry, announced it has completed its acquisition of the usage-based insurance (UBI) assets of Willis Towers Watson, which was...
Oct 20 2017 // Litigation financing, distracted driving and unexpected verdicts are just some of the factors impacting commercial auto frequency and severity, according to panelists speaking at the 2017 Risk Management Summit this week...
Oct 11 2017 // Octo Telematics, the London-based provider of telematics for the auto insurance industry, announced it will acquire the usage-based insurance (UBI) assets of Willis Towers Watson and will create a partnership with the...
Sep 8 2017 // Sheffield, UK, September 8, 2017- Insurance telematics innovator, The Floow, is bringing its industry leading approach to the US market with the launch of its unique FloowCoach program and Rewards Services App at Connected...
Sep 7 2017 // Sheffield, UK, September 7, 2017- UK based telematics innovator, The Floow, has announced the opening of its first US office in Detroit as it brings its industry leading approach to capturing and analysing mobility data to...
Aug 25 2017 // Roost, a developer of home telematics for property insurance carriers, raised $10.4 million from three international insurance industry companies.Aviva Ventures led the Series B financing; Desjardins Insurance and Fosun RZ...
May 31 2017 // Global insurance consultant Willis Towers Watson is partnering with technology firm Roost to establish a claims data sharing consortium to help insurers test the effectiveness of water and fire smart home technologies.The...
May 24 2017 // Brea, CA, May 24, 2017 – Today, XDimensional Technologies announced the XD Insurance Processing Platform™ now supports Usage-Based Insurance (UBI) and Telematics, which expands market access and opportunities for its...
May 15 2017 // Insure The Box, the London-based black box car insurance provider, has urged parents to think twice about lying to their children about having a telematics box installed in their cars.Insure The Box was responding to...
Apr 27 2017 // Octo Telematics is making available a distracted driving scoring and analysis feature within its suite of telematics products used by its more than 60 auto insurer customers.The scoring feature is available for both...
Apr 10 2017 // Drivers’ private information can be compromised when stored in the cloud for usage-based insurance (UBI) programs, according to researchers.Using connected-device, or telematics, functions in vehicles, UBI programs...