Driveway Software

Automotive Telematics Market to Witness CAGR of 15% (2021-2027) on account of Increasing Demand for Fleet Telematics along with Stringent Government Mandates | UnivDatos Market Insights

Retrieved on: 
Monday, October 31, 2022
Insurance, Safety, 7th Sky Entertainment, GPS, TKM, Habit, Government, Security, Navigation, Report, Accident, Integration, Electronics, Zurich Insurance Group, Industry, Commercial vehicle, Toyota Kirloskar Motor, Tablet, OEM, Original equipment manufacturer, Satellite navigation device, Smartphone, Passenger car, Communication, Driveway Software, CAGR, APAC, COVID-19, Transport, Behavior, Telescopic sight, Taxicab, Tether, NOIDA, Aftermarket, Embedded, Others

This innovative report makes use of several analyses to get a closer outlook on the Automotive Telematics market.

Key Points: 
  • This innovative report makes use of several analyses to get a closer outlook on the Automotive Telematics market.
  • The Automotive Telematics market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth.
  • Furthermore, this statistical market research repository examines and estimates the Automotive Telematics market at the global and regional levels.
  • Furthermore, in the last five years, the aftermarket section of the automotive telematics market has been spurred by the rapid use of telematics services for fleet management among commercial vehicles.

Automotive Telematics Market to Witness CAGR of 15% (2021-2027) on account of Increasing Demand for Fleet Telematics along with Stringent Government Mandates | UnivDatos Market Insights

Retrieved on: 
Monday, October 31, 2022
Insurance, Safety, 7th Sky Entertainment, GPS, TKM, Habit, Government, Security, Navigation, Report, Accident, Integration, Electronics, Zurich Insurance Group, Industry, Commercial vehicle, Toyota Kirloskar Motor, Tablet, OEM, Original equipment manufacturer, Satellite navigation device, Smartphone, Passenger car, Communication, Driveway Software, CAGR, APAC, COVID-19, Transport, Behavior, Telescopic sight, Taxicab, Tether, NOIDA, Aftermarket, Embedded, Others

This innovative report makes use of several analyses to get a closer outlook on the Automotive Telematics market.

Key Points: 
  • This innovative report makes use of several analyses to get a closer outlook on the Automotive Telematics market.
  • The Automotive Telematics market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth.
  • Furthermore, this statistical market research repository examines and estimates the Automotive Telematics market at the global and regional levels.
  • Furthermore, in the last five years, the aftermarket section of the automotive telematics market has been spurred by the rapid use of telematics services for fleet management among commercial vehicles.

Earnix Announces Acquisition to Fuel Transformative New Usage-Based Auto Insurance Offering

Retrieved on: 
Thursday, July 22, 2021
Other Consumer, Technology, Insurance, Consulting, Other Technology, Professional services, Software, Consumer, Data management, Vehicle insurance, Global Positioning System, Articles, Technology, Information technology management, Telematics, Transport, Ubi, Usage-based insurance, Value proposition, Driveway Software

The assets, including a state-of-the-art telematics app, will serve as a cornerstone in establishing a new and transformative offering in Usage-Based Insurance (UBI) and Behavior-Based Insurance (BBI).

Key Points: 
  • The assets, including a state-of-the-art telematics app, will serve as a cornerstone in establishing a new and transformative offering in Usage-Based Insurance (UBI) and Behavior-Based Insurance (BBI).
  • The central value proposition driven by this acquisition is Driveways proven consumer telematics app that will be integrated as a core component within Earnixs UBI/BBI offering.
  • The new offering represents an innovative and fresh approach that empowers auto insurers to more efficiently manage the entire lifecycle for personalized telematics-based UBI/BBI through a mobile-centric engagement.
  • Earnixs customers deliver over 1 billion quotes per year through Earnixs solutions, offering systemized, enterprise-wide value with ultra-fast ROI.

COUNTRY Financial Partners With Cambridge Mobile Telematics to Empower and Reward Their Safe Drivers

Retrieved on: 
Wednesday, July 21, 2021
Professional services, Automotive, General Automotive, Technology, Insurance, Mobile, Wireless, Technology, Science and technology, Automotive electronics, Computing, Global Positioning System, Information technology management, Telematics, Smartphone, Vehicle insurance, Driveway Software, COUNTRY Financial®, Cambridge Mobile Telematics, COUNTRY FINANCIAL®, CAMBRIDGE MOBILE TELEMATICS

COUNTRY Financial has announced a partnership with Cambridge Mobile Telematics (CMT), the global leader in smartphone telematics , to launch COUNTRY Financial DriverIQ, an innovative program that provides feedback on driving behavior and provide discounts to safer drivers.

Key Points: 
  • COUNTRY Financial has announced a partnership with Cambridge Mobile Telematics (CMT), the global leader in smartphone telematics , to launch COUNTRY Financial DriverIQ, an innovative program that provides feedback on driving behavior and provide discounts to safer drivers.
  • The app uses smartphone sensors, privately shared between client and COUNTRY Financial only, to measure speeding, harsh braking, sharp turns, acceleration, and phone distraction.
  • Were excited to partner with CMT, the world leader in smartphone telematics, to begin launching COUNTRY Financial DriverIQ starting this month, said Felipe Teixeira, National Auto Product Director at Country Financial.
  • As a result of this research, COUNTRY Financial began a pilot in 2019 and COUNTRY Financial DriverIQ was created to serve clients with their very own auto insurance preferences.

Global Insurance Telematics Market (2021 to 2026) - Growth, Trends, COVID-19 Impact, and Forecasts - ResearchAndMarkets.com

Retrieved on: 
Tuesday, March 30, 2021
Technology, Professional services, Insurance, Telecommunications, Technology, Science and technology, Articles, Automotive electronics, Global Positioning System, Vehicle insurance, Information technology management, Telematics, Emerging technologies, Insurance, Internet of things, Driveway Software

Insurance telematics poses the potential to alter the current scenario of motor insurance and positively impact claims, risk selection, and fraud detection.

Key Points: 
  • Insurance telematics poses the potential to alter the current scenario of motor insurance and positively impact claims, risk selection, and fraud detection.
  • The key drivers supporting the initiative for insurance telematics are decreasing the cost of development and technology, altering consumer behavior, and stringent government regulations.
  • The rising incorporation of the internet of things (IoT) into passenger and commercial vehicles is propelling the utilization of cloud services in insurance telematics.
  • The European insurance telematics market is still controlled and dominated by insurers in Italy and the United Kingdom, with an estimated 4.3 million and 540,000 policies, respectively.

Missouri is 45th State to Approve Cambridge Mobile Telematics' Insurance Scoring Model

Retrieved on: 
Thursday, March 4, 2021
Professional services, Automotive, General Automotive, Technology, Insurance, Mobile, Wireless, Technology, Automotive electronics, Global Positioning System, Science and technology, Vehicle insurance, Information technology management, Telematics, Insurance, Transport, Telematics 2.0, Driveway Software

Cambridge Mobile Telematics (CMT), the global leader in smartphone telematics, announced its behavior-based premium insurance scoring model has just been approved for personal lines use in 45 states.

Key Points: 
  • Cambridge Mobile Telematics (CMT), the global leader in smartphone telematics, announced its behavior-based premium insurance scoring model has just been approved for personal lines use in 45 states.
  • View the full release here: https://www.businesswire.com/news/home/20210304005713/en/
    CMTs solution assesses crash risk based on an individuals behavior behind the wheel.
  • This enables insurers to offer auto insurance to a consumer based on their driving behavior.
  • Using telematics-based scoring enables insurers to base premiums on driving behavior, understanding risk better, said Ryan McMahon, CMTs Vice President of Insurance and Government Affairs.

How To Get Cheaper Car Insurance With The Help Of Telematics

Retrieved on: 
Tuesday, November 17, 2020
Global Positioning System, Automotive electronics, Vehicle insurance, Technology, Information technology management, Telematics, Insurance, Science and technology, Telecommunications engineering, Vehicle telematics, Driveway Software

For more info and free car insurance quotes, visit https://compare-autoinsurance.org/drivers-can-get-cheaper-car-insurance-...

Key Points: 
  • For more info and free car insurance quotes, visit https://compare-autoinsurance.org/drivers-can-get-cheaper-car-insurance-...
    The COVID-19 pandemic has affected the lives of all Americans.
  • Drivers who were affected by the current crisis can save money on their car insurance if they switch to a usage-based program.
  • To find out more about telematics, read the following:
    Many insurance providers are offering discounts for using telematics.
  • Besides large car insurance providers, some smaller companies or regional insurers are also offering telematics car insurance programs.

Kansas is the 35th State to Approve Cambridge Mobile Telematics’ Insurance Scoring Model

Retrieved on: 
Tuesday, August 11, 2020
Software, Professional services, Data management, General Automotive, Technology, Automotive, Other Transport, Trucking, Insurance, Transport, Other Technology, Telecommunications, Automotive electronics, Global Positioning System, Information technology management, Telematics, Technology, Vehicle insurance, Wireless, Telecommunications engineering, Insurance, Draft:Mobile Telematics, Driveway Software

Cambridge Mobile Telematics (CMT) announced today that Kansas is the 35th state to approve its latest telematics-based insurance scoring model - the most accurate and reliable smartphone solution on the market to assess driving risks.

Key Points: 
  • Cambridge Mobile Telematics (CMT) announced today that Kansas is the 35th state to approve its latest telematics-based insurance scoring model - the most accurate and reliable smartphone solution on the market to assess driving risks.
  • To accurately estimate driving risk, the scoring model uses driving behaviors such as phone distraction (both talking and texting) and at-risk speeding, in addition to traditional telematics factors like hard braking.
  • Many insurers dont have a sufficient volume of telematics data to develop their own model, said Nick Paventi, Director of Insurance and Regulatory Affairs at CMT.
  • Working with insurance regulators to obtain approvals, Arkansas became the first state to adopt CMTs latest insurance scoring model in January of 2020.

The Benefits of Combining Effective Driver Coaching with Telematics

Retrieved on: 
Wednesday, May 27, 2020
Economy, Finance, Automotive electronics, Money, Global Positioning System, Information technology management, Telematics, Vehicle insurance, Predictive analytics, Insurance, Driveway Software

ELK GROVE, Calif., May 27, 2020 /PRNewswire/ --A new white paper commissioned by ADEPT Driver examines the role of telematics and the beneficial impact of driver training in auto insurance.

Key Points: 
  • ELK GROVE, Calif., May 27, 2020 /PRNewswire/ --A new white paper commissioned by ADEPT Driver examines the role of telematics and the beneficial impact of driver training in auto insurance.
  • The paper, Effective Driver Coaching Partnered With Telematics Improves Auto Claims and Customer Loyalty , finds that partnering effective crash avoidance training with telematics can help improve the overall driving experience for insurance customers, reduce claims frequency and severity, improve predictive analytics accuracy, and increase customer engagement and retention.
  • "Many insurance companies already utilizing telematics are looking to take the next step to manage risk and help their customers improve their driving," said Dr. Richard Harkness, CEO of ADEPT Driver.
  • When our training is paired with telematics, our insurance partners and their customers gain a significant advantage."

Marmalade Transforms Named Young Drivers Insurance with Cambridge Mobile Telematics

Retrieved on: 
Thursday, May 7, 2020
Telecommunications, Transportation, Travel, Automotive, Data management, Technology, General Automotive, Mobile, Wireless, Economy, Technology, Articles, Automotive electronics, Global Positioning System, Information technology management, Telematics, Vehicle insurance, Smartphone, Insurance, Young Marmalade, Driveway Software, Marmalade, Cambridge Mobile Telematics (CMT)

Marmalade, the leading provider of cars and car insurance for young drivers in the UK, has partnered with CMT, the worlds leader in smartphone telematics and behavioural analytics.

Key Points: 
  • Marmalade, the leading provider of cars and car insurance for young drivers in the UK, has partnered with CMT, the worlds leader in smartphone telematics and behavioural analytics.
  • Switching to CMTs App+Tag solution will improve user experience and safety for young drivers, and risk analysis for Marmalade and its insurance partners.
  • The technology will be used on Marmalades Named Young Driver Insurance , which allows brand new drivers to use their parents car alongside an already existing insurance policy.
  • Marmalade is the leading provider of car insurance and cars for young drivers.