ThingCo, the telematics insurtech is expanding into Northern Ireland in a new deal with Provincewide Ltd, Northern Ireland’s largest independent broker association.
ThingCo will be providing its full service solution to the ten brokers forming the association – from onboarding through to ThingCo’s smartFNOL process. At the heart of ThingCo’s solution is Theo, the solar-powered, self-installed telematics device, incorporating AI and Voice to support the customer in a collision, reduce claims costs and combat fraud.
Theo is posted to the customer at policy inception and on receipt, they follow a simple and swift installation and activation process. The second-by-second driving data collected by Theo will help Provincewide Ltd brokers deliver flexible and competitive motor insurance premiums that accurately reflect the customer’s driving habits, without the friction and operational costs associated with black box installation.
Jos Briggs, Director of Provincewide Ltd said: ThingCo’s technology does so much more for the customer than existing telematics solutions, giving our members a compelling consumer proposition that supports pricing accuracy and helps them compete more effectively in this challenging market.”
James Bashford, Head of Business Development for ThingCo said: “This deal is significant because it is our first entry into Northern Ireland and our first with a broker association. It demonstrates how ThingCo is becoming the telematics partner of choice for the broking community which has been keen to leverage next generation technology to respond to the changing demands and needs of drivers.”
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