Intelligence: Telematics: Boxing clever?
Twenty years after Norwich Union launched Pay as You Drive Insurance in the UK, Frances Stebbing assesses how much progress has been made in telematics becoming a mainstream motor insurance product; and how these black box offerings have evolved.
In February 2002 Norwich Union – now Aviva – declared it was “set to revolutionise motor insurance” with the news that it would be piloting ‘Pay As You Drive’ telematics insurance.
NU went on to say
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