Telematics insurer targets 60 000 policies by year end
Curfew-based telematics products for young drivers will not only fail to improve behaviour and accident statistics, but the business model is also flawed. That was the warning issued by Mike Brockman, founder and joint CEO of Insure the Box, as he revealed his company is on track to hit 60 000 policies by the end of the year.
After the first nine months of operation, more than 21 000 policies had been sold, totalling £20m gross written premium, Mr Brockman told Post, "which is pretty damn good in telematics when a lot of
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