Telematics
Insurers back insurance premium tax waiver for young telematics users
Report revives young driver debate amid claims it was ‘buried’
More Than partners with Trak Global on telematics product
More Than has launched a telematics product in partnership with Trak Global to help reduce the cost of motor insurance for young, inexperienced drivers.
Road safety report calls for zero IPT rate for young drivers
The government should introduce a zero insurance premium tax rate for insured vehicles fitted with a telematics unit for drivers under the age of 25, according the Road Safety Foundation.
Quartix to float on AIM market next week
Telematics company Quartix is to float on London's AIM market on 6 November with a market capitalisation of £54.1m.
Axa motor claims boss heads to Coverbox after just four months
Axa direct and partnership’s head of motor claims has been recruited by telematics insurer Drivestyle Insurer to serve as its new operations director.
Blog: Don't scare customers with spooky marketing & other data lessons
With the 2014 Teradata Partners Conference now over, I have decided to reflect on some of the biggest takeaways from the annual event in Nashville.
Insurers need to replicate Amazon model to attract young customers
Insurers need to think and act more like Amazon if they are going to engage with a new generation of connected customers.
Roundtable: Digital culture: ‘This is an industry taking action’
How can companies build digital cultures that maintain their relevance in the insurance market of the future? Post, in association with Accenture, invited specialists from a range of insurers to assess this critical issue
Driverless cars could be mandatory within two generations predicts Teradata chief
Autonomous cars will be the norm within two generations according to experts speaking at the Teradata Partners conference.
Road Safety Foundation demands tax cut on telematics policies
The Road Safety Foundation has called for reductions on premium taxes on telematics-backed motor insurance policies for young drivers.
Northern Irish broker partners with Assembly to create 60 Newry jobs
Independent broker Autoline has partnered with the Northern Irish Assembly to create 60 new jobs at its Newry headquarters.
Expert analysis: Picking up speed
IGO4’s latest analysis of the aggregator market reveals the increasing prevalence of telematics and the softening of household rates
DfT tipped to focus on telematics in announcement on young driver safety
Government thought to have sought reports from three telematics providers
CMA private motor market report: Mooted ‘wide’ MFN clause ban could offset rate rises resulting from CMA inaction
Authority’s decision not to intervene on credit hire costs ‘a bitter pill to swallow’
Blog: Connected cars - getting insurers in the driving seat
The rise of connected cars has huge implications for the insurance industry, with the potential to create whole new ways of modelling risk, says Ravi Kumar of Infosys
Octo MD hails Insure the Box partnership extension
Octo Telematics hopes to capitalise on the broadening pool of telematics users, following the extension of its partnership with Insure the Box, according to managing director Martin Williams.
Insure the Box extends Octo supplier contract by two years
Octo Telematics has extended its partnership with Insure the Box in an agreement that will see Octo supply black box telematics technology for another two years.
Connected home: Get yourself connected
The concept of a networked home, with a number of services controlled by a smartphone, is fast becoming a reality. How can insurers capitalise on the ‘smart’ revolution?
Quindell shares boosted by RAC JV exit
Quindell’s share price has responded positively to news that RAC has exited a joint-venture on telematics.
Quindell buys out RAC in telematics JV
Quindell is to acquire all of RAC's shares in the companies' telematics joint venture after the businesses concluded it was not a good use of capital to finance a free roll-out to customers.
Blog: Five benefits insurers could gain from the connected home
Post explores the main benefits insurers could derive from the connected home, if they play their cards right.
Blog: Five ways - from telematics redundancy to cyber terrorism - that driverless cars will impact insurers
Driverless cars are set to be the biggest disruptive innovation of the early 21st century.
BIA award winner video: Ingenie founder and CEO Richard King
Ingenie founder and CEO Richard King explains how an idea developed in his kitchen wooed both footballing pundit Gary Lineker and the British Insurance Awards judges.
Telematics M&As tipped to hit peak as Admiral mulls Insure the Box purchase
Rumoured deal follows those involving Wunelli and Ingenie in recent months.