CMT Opens Office in Tokyo

CMT recently opened a new office in Tokyo, Japan. Here’s the word;

The expansion comes as CMT grows its business in Japan. It already powers the telematics programs for two of Japan’s top four largest auto insurers. The new Tokyo office, with business and technical telematics experts, will strengthen CMT’s ability to deliver localized services and solutions. The investment reinforces CMT’s commitment to making driving safer and more sustainable in Japan.

With its AI-powered DriveWell Fusion® platform, CMT can help the entire Japanese mobility ecosystem offer more data-driven, personalized relationships with drivers to make roads and society safer. The CMT platform has enabled Japanese insurers to reach drivers who don’t have or won’t purchase dashcams and reach them at a much lower cost. These programs, customized for the Japanese market, engage drivers with many experiences, including rewards, fuel efficiency insights, CO₂ emissions measurement, safe driving contests, insurance discounts, and more.

The timing of this expansion is crucial, as Japan witnessed an increase in road fatalities in 2023 for the first time in eight years, reaching 2,678. Distracted driving caused over 1,400 crashes. This makes it challenging for the government to achieve its goal of reducing annual road fatalities to 2,000 by 2030, costing the Japanese economy approximately $76 billion annually.

CMT, through its partnership with Aioi, is already contributing to safer roads in Japan. Aioi has reported that its telematics program, which has over 1.9 million drivers, has helped reduce crash frequency by 15% and crash severity by 16%.

About alastair walker 19486 Articles
20 years experience as a journalist and magazine editor. I'm your contact for press releases, events, news and commercial opportunities at Insurance-Edge.Net

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