Latest Telematics Headlines
All the headlines from our Telematics Topic Page, ordered by recency.
Takeaways from Our Conversation on Commercial Auto, Telematics and Cannabis
Apr 22 2024 // Powered by InsuranceJournal.tv Commercial auto is a tough topic in any business segment, but it’s tougher still for cannabis businesses. For our latest podcast, we spoke with Griffen Kapulica, broker relationship...
Markets/Coverages: Driver Technologies Launches Video Telematics-Based Driver Score
Dec 7 2023 // Driver Technologies, Inc., an AI-based mobility tech company, has announced its Driver Technologies Rating Service Inc. (DTRS) is rolling out its newly launched driver score to commercial fleets and insurance partners. In...
Study: Most Commercial Auto Insurance Businesses Researching Telematics
Oct 12 2023 // Approximately 78% of commercial auto insurers are in the research phase of preparing for usage-based insurance (UBI) products, according to a new report from The National Alliance for Insurance Education and Research and...
Telematics Master Class: How Progressive Offers Competitive Prices
Mar 8 2023 // During an investor conference last week, Progressive’s leader revealed some subtle wording changes to the company’s purpose and vision. Unchanged, however, are four pillars of Progressive’s strategy,...
Sentry Teams Up With Motive For Commercial Trucking Telematics Program
Jan 25 2023 // Sentry Insurance, a leading provider of commercial trucking insurance, has announced a telematics program with Motive that will give customers up to 5% on their Sentry premiums for sharing their electronic logging device...
Insurance Technology: eDriving Adds Safety App Without Telematics; Notion Offers Sensor Upgrade; HUB Debuts Personal Lines Platform VIU
Jun 20 2022 // eDriving Launches Non-Telematics Version of Mentor Driver App New Jersey-based eDriving announced the availability of Mentor Insight, the non-telematics version of its driver safety app, Mentor. Mentor Insight offers many...
Inflation Drives 33% Surge in Auto Telematics Adoption in Q1 2022: TransUnion
May 24 2022 // TransUnion’s latest Personal Lines Insurance Shopping Report found the number of consumers who accepted a telematics offer from their auto insurance provider increased 33% since the end of 2021—a trend driven by...
Markets/Coverages: Falvey’s Cyber Cover for Cargo; PHLY’s New Commercial Line; CoverEase’s Workers’ Comp; Mile Auto’s Telematics
Mar 28 2022 // Falvey Cargo Underwriting Offers Cyber for Cargo Falvey Cargo Underwriting announced its latest product offering, Cyber for Cargo, to help address broad cyber exclusions that apply to nearly all cargo insurance...
Rate Hikes, Telematics, Data Science Leading Allstate Back to Profit
Mar 25 2022 // For the second time this month, a personal auto insurance giant devoted an investor conference to the topic of rate hikes, with Allstate executives also assuring listeners the carrier has various other tools to return to...
How Data-Rich Telematics Is Accelerating the Future of Auto Insurance
Mar 7 2022 // Auto insurance pricing is complex, challenging carriers to deliver competitive rates that effectively balance risk with profit potential. Fortunately, the evolution of telematics has streamlined the pricing process to...
Could the Musk-Lara Smackdown Offer a Way Forward on Prop 103?
Feb 17 2022 // When an obscure provision of a state’s 1988 insurance law makes the news, it’s often confined to the pages of Insurance Journal. However, when the world’s richest man tweets about that law in the course...
Travelers Expands Telematics Auto Insurance Offering With App-Based Program
Jan 13 2022 // The Travelers Companies Inc. is expanding its telematics auto insurance offering, IntelliDrive, with the launch of an app-based program called IntelliDrivePlus. IntelliDrive launched in 2017 and is available in 40 states....
Despite Slow Going, P/C Insurers Still Love Advanced Analytics. Except Maybe Telematics.
Dec 28 2021 // Although property/casualty insurance carrier executives and technical professionals remain bullish on the prospect that advanced analytics can enhance growth and bottom-line performance, implementation progress has been...
The Two Leading Mobile Telematics Firms Are Now One
Jun 17 2021 // Cambridge Mobile Telematics has acquired rival TrueMotion for an undisclosed price in a deal that give it an expanded presence and capabilities in the global auto insurance market. The cash and stock transaction closed on...
USAA Expands Telematics Auto Insurance App SafePilot to 7 More States
May 19 2021 // Military family-focused insurer USAA is expanding its SafePilot program to seven additional states, bringing the total where the telematics program is available to 23. The new states are Alabama, Colorado, Minnesota,...
MGA Pouch Debuts With ILS Capital Backing, Telematics for Small Commercial Fleets
May 13 2021 // Pouch, an insurtech MGA using telematics to reward small businesses for safe driving, disclosed it has raised some initial financing that will help accelerate its launch into the commercial auto insurance market. ILS...
Middle Market Firms May Be Untapped Telematics Opportunity
Dec 9 2020 // Middle market business owners may be more interested in vehicle telematics insurance products than their agents realize. Approximately 14 percent of agents surveyed for insurer Nationwide responded that they don’t...
UK Insurtech Zego Buys Telematics Firm Drivit to ‘Revolutionize’ Insurance Pricing
Dec 9 2020 // Zego, the London-based mobility insurance provider and the first UK insurtech to be awarded an insurance license, has acquired telematics company, Drivit. The deal, which will enable Zego to collect real-time driver...
Insurtech Zego Partners with Telematics Firm ABAX to Lower Fleet Insurance Costs
Jun 11 2020 // Insurtech Zego has partnered with global telematics firm ABAX in a move designed to drive down the cost of insurance for fleet owners. While some fleets already use on-board telematics devices to improve efficiency, many...
Why Current Cyber Risk Management Techniques Are Inadequate
May 18 2020 // Insurers have been blindly moving to expand access and coverage in cyber insurance despite their inability to confidently assess and quantify holistic cyber risk. Visibility of the exposure remains poor, and overstated...
