InsureTech

LexisNexis Survey Discovers 60% of UK Drivers Want Usage Based Insurance

Drivers in the UK increasingly want usage-based insurance (UBI). 60% of drivers would take a telematics or ‘black box’ policy today to save money and improve safety, according to a study of over 3,000 motorists. […]

insurethebox opinion on the revised discount rate for insurance claims payouts
Insurance Brokers

insurethebox Shortlisted for Awards

Global pioneer of telematics based car insurance, insurethebox, a brand of Aioi Nissay Dowa Europe (AND-E) has been shortlisted in two categories in the 2019 North East Contact Centre Awards. The NECCA Awards celebrate the […]

Business

M&A News: Trak Global Acquire Intelligent Systems

Trak Global Group (TGG) is to acquire Intelligent Mechatronic Systems Inc (IMS), based near Toronto in Canada and operating globally, for an undisclosed fee. The deal will give Trak Global Group – which already provides […]

Fraud

Insurtech: ITS Telematics Highlights Value of Analysing Low Speed Incidents

Adam Gooch, Commercial Director at ITS Telematics, looks at the role in-car technology can play in settling any disputes arising after low velocity impacts on the roads. Low Velocity Impacts (LVI) and associated whiplash claims […]

Technology

ERM Telematics Aims for Latin American Market Expansion

International automotive technology provider ERM Advanced Telematics (https://ermtelematics.com/), whose products have been installed in more than 5 million vehicles worldwide, is accelerating its penetration into the Latin American market with its offering for fleet management […]

Motor Insurance

Telematics Can Reduce Road Accidents, Says Latest LexisNexis Research

New analysis of the latest UK road casualty statistics by LexisNexis Risk Solutions has begun to uncover compelling evidence that telematics insurance has played a role in cutting claims costs for insurers amongst the youngest, […]

Global insurance trends

Telematics Specialist ThingCo Hosts China Insurtech Delegation

In a further sign of the global partnerships being forged by UK insurtechs, ThingCo, the start-up launched by Mike Brockman to develop the next generation of telematics technology hosted a delegation of eighteen members from the […]