Telematics
Smart Driver Club Insurance to offer up to 40% off premium for lower-risk drivers
Smart Driver Club Insurance, the insurance offering of former Wunelli CEO Penny Searles' new UK-first telematics venture, will offer a significant reduction in its premium for drivers with a low level of risk.
Former Wunelli boss Searles launches used car membership club
Former Wunelli CEO Penny Searles has returned to the market with the launch of an insurance company called Smart Driver Club Insurance, part of a membership service for motorists driving used cars.
Highways England to trial 'Wi-Fi road' on A2/M2 as part of innovation strategy
Highways England has today released its innovation strategy which sets out its wide-ranging plan to ensure it is keeping pace with advances in technology.
AA sees insurance service revenue fall amid flat group revenue
Revenue in insurance services at the AA fell to £131m (2015: £142m) with an increase in customer churn due to higher motor premiums the cause, according to the company’s results for the year ended 31 January 2016.
RAC reveals drop in convicted uninsured drivers, but warns IPT rise might reverse trend
There has been a 9% fall in the total number of convictions for driving without insurance among men holding full driving licences, according to a Freedom of Information request made by the RAC to the DVLA.
Political Lobbying: Don't mention the ‘L' word
Smoke and mirrors perpetuates the lobbying mystique but there is no need to bring in outsiders if there is someone with know-how and who can put together a well presented case
Blog: From London to Dover - what the connected corridor might bring
On 16 March the Chancellor of the Exchequer announced in the budget that the government are investing a further £15m to create a “connected corridor” from Dover to London, further reinforcing the position of the UK as the global centre for the…
Budget 2016: Safe Harbour lanes mooted as UK shifts gears on autonomous vehicle investment
A £15m ‘connected corridor' from London to Dover, driverless car and truck platooning trials were all outlined as part of the 2016 Budget in a move to retain the UK's position in the market.
Forces Financial offers free telematics with car insurance
Forces Financial, the financial services firm for the UK military, is offering a free telematics device with all new car insurance policies from 21 March.
Carrot suggests IPT exemption for young drivers
Telematics provider Carrot wants Chancellor of the Exchequer George Osborne to exempt young drivers from paying insurance premium tax if they buy an approved safe driving telematics programme within one year of passing their driving test.
Telematics policy take-up accelerates by 40% in past year
The number of live telematics based motor insurance policies has increased by 40% of the course of the past year, according to research by the British Insurance Brokers’ Association.
Europe: Telematics and the gender directive
The Gender Directive put a brake on insurers' underwriting purely on the basis of gender. So has it encouraged the development of telematics which helps them price in way that does not differentiate rates between males and females?
Big data take-up slower among mid-tier UK insurers
Fewer mid-tier UK insurance firms are prioritising big data, with less than half prioritising such strategies compared to 82% of their large counterparts, according to a market survey.
RAC buys Nebula Systems to boost telematics offering
RAC has acquired vehicle data company Nebula Systems, a deal the breakdown assistance provider said will boost its telematics offering.
C-Suite: The potential of telematics in Asia
Telematics is a great opportunity for Asia's motor insurers as competition intensifies in the region writes Pravar Gautam.
Blog: Young driver discrimination is unfair
When it comes to young drivers, the rest of the UK should think hard before adopting the punitive measures taken in Northern Ireland, because there are alternatives
Blog: Insurance will drive semi-autonomous cars
Motor insurers are facing a brave new world where personal, infrastructure and products liability will be dominant risk factors - but are they ready for the change?
AA underwriting arm opens for business targeting 250,000 customers and telematics
The AA's new Gibraltar-based insurance company has opened for business targeting a quarter of a million policyholders.
Government pledges £20m for driverless cars projects
The government has announced a further £20m of funding for projects developing driverless cars with consortia including members such as Axa and Direct Line Group among the beneficiaries.
Parents to access kids' driving scores through Wunelli deal
Parents will be given access to their children's driving scores and behaviour data through a new agreement between broker Autosaint and Wunelli.
Blog: Telematics from niche to mainstream
As the sector develops, expect to see advances from insurers and growing acceptance from consumers - this technology is here to stay
Europe: Telematics - Boxing clever
In the UK, telematics is seen as a way for young drivers to get covered, but other countries take different approaches.
MSIG explores telematics in Singapore with trial
MSIG is looking for drivers to participate in a six month study to analyse driver behaviour in Singapore.
Blog: The IoT is a marathon, not a sprint, for insurers
Customer propositions and experiences encompassing the Internet of Things are changing the way we live, from health trackers to remote heating controls. Even our white goods are getting smarter: Amazon has teamed up with manufacturers, allowing…