Data for Insurance Discounts? Consumers Say No Thanks June 29, 2023 Newswise — Insurance companies have encouraged consumers to reduce their premiums by using monitoring technology for 25 years now, but...
Obstacles to Wider Acceptance of Usage-Based Auto Insurance Remain September 7, 2021 Usage-based personal auto insurance may be drawing ever-increasing attention. Its wider adoption is stymied, however, by customer age and demographics,...
British On-Demand Drone Insurer Flock Raises $17 Million in Funding July 29, 2021 British drone insurer Flock has raised $17 million from investors in early-stage funding led by venture investor Chamath Palihapitiya’s Social...
The Two Leading Mobile Telematics Firms Are Now One June 17, 2021 Cambridge Mobile Telematics has acquired rival TrueMotion for an undisclosed price in a deal that give it an expanded presence...
Octo Telematics to Provide Commercial Fleet Telematics to Mexico Auto Insurer January 30, 2019 Octo Telematics, the Rome-based provider of telematics and data analytics solutions for the auto insurance industry, has partnered with Qualitas,...
Octo Telematics Buys Usage-Based Insurance Assets of Willis Towers Watson December 4, 2017 Octo Telematics, the the London-based provider of telematics for the auto insurance industry, announced it has completed its acquisition of...
Octo Telematics to Buy Usage-Based Insurance Assets of Willis Towers Watson; Partnership Announced October 11, 2017 Octo Telematics, the London-based provider of telematics for the auto insurance industry, announced it will acquire the usage-based insurance (UBI)...
Octo Telematics Offers Insurers Distracted Driving Scoring Feature April 27, 2017 Octo Telematics is making available a distracted driving scoring and analysis feature within its suite of telematics products used by...
Driver Privacy at Risk when Telematics Data Stored in the Cloud: Researchers April 10, 2017 Drivers’ private information can be compromised when stored in the cloud for usage-based insurance (UBI) programs, according to researchers. Using...
Chinese M&A to Continue Despite Regulatory, Policy Hurdles: A.M. Best December 30, 2016 While Chinese companies have been increasing their overseas merger and acquisition (M&A) activity in recent years, there are signs that...