Blog

  • Octo Telematics Recaps Momentous Year in North America; Delivers 2018 Insurtech Predictions

    December 20, 2017

    As December winds down, the team at Octo North America wraps up a very successful 2017! It was a busy year for the Company overall, with numerous partnerships, multiple new products delivered, the announcement of a new IoT platform, and the acquisition of Willis Towers Watson, including its market-leading DriveAbility® solution and the DriveAbility Marketplace. Highlights of our year include: February: Octo …

  • Value, Not Discounts, Key to Commercial Lines Telematics

    December 5, 2017

    Over the past year, Octo has seen significant interest in telematics solutions for commercial auto insurance. As insurers start seeing results from their personal auto usage-based insurance programs, they look for new ways to leverage telematics technology. With half of the 13 million commercial vehicles in the US connected via telematics, bringing telematics to commercial auto is a logical next …

  • Together for Safer Roads – Annual Report

    October 27, 2017

    Every business has a stake in road safety. Octo partners with Together for Safer Roads (TSR) and many other private organizations to bring together members’ knowledge, data, technology, and global networks to improve road safety globally and within local communities. Our collective efforts are paying off, as evidenced in TSR’s recently released annual report. Through a TSR and City of …

  • The Anatomy of Octo's Crash Dossier

    October 3, 2017

    At the heart of Octo’s leading crash and claims capabilities is the crash dossier – a compendium of all relevant facts automatically compiled and provided to our insurance partners within minutes of a crash. The Octo crash dossier is a very powerful tool to help you reduce fraud, estimate damages, and accurately assign liability. In this blog post, we deconstruct …

  • 3 Steps Companies Can Take to Solve Road Safety Challenges Using Big Data

    September 28, 2017

    Companies must consider the welfare of their employees, as well as the dangers their fleets could pose to other road users. Together for Safer Roads recently published a great blog post providing companies with three steps they can take to solve road safety challenges. Octo is honored to be used as an example telematics solution for addressing fleet safety issues. …

  • The Telematics-Driven Claims Process

    September 11, 2017

    Telematics-driven usage-based insurance programs are now available in every US state. Insurers have embraced telematics as a tool to more effectively price risk. The most innovative insurers are looking beyond pricing for new ways to use telematics data. Leveraging telematics to improve the claims process is the next logical step. Our claims experts put together this infographic to show you …

  • Podcast: The Age of Usage-Based Insurance

    July 13, 2017

    Middle Market Executive is a podcast series about inspiring business leaders to take a leadership leap and open a new chapter of growth in for their middle-market companies. The series focuses on leadership lessons from the field through interviews with executives at fast-growing companies. Octo North America’s CEO, Nino Tarantino, was recently interviewed for Middle Market Executive. The interview explores …

  • Market Barriers to Insurance Telematics

    June 23, 2017

    In a survey of US auto insurance carrier executives, Octo Telematics identified four perceived external barriers that insurance carriers face when adopting telematics: overly restrictive regulatory environment, prohibitive program costs, low policyholder adoption rates, and finding the right telematics partner. To help you avoid these barriers and more smoothly adopt telematics, we explore each barrier and provide advice on how …

  • The Telematics Opportunity for Commercial Insurers

    May 19, 2017

    The challenges facing small fleets Large fleets have been using telematics to support fleet management capabilities and improve business outcomes for years. There’s good reason – fleets using telematics have reported significant improvements in fleet management efficiency, productivity, and fuel consumption. Small fleets face many of the same challenges as their larger counterparts, including: source Increasing safety Improving productivity Meeting …

  • Together for Safer Roads – Guidelines for Using Technology to Address Road Safety Challenges

    April 24, 2017

    Together for Safer Roads today released Guidelines for Using Technology to Address Road Safety Challenges, a new report designed to identify technology solutions for top road safety challenges and turn the vision of a world where roads are safe for everyone into reality. As a member of Together for Safer Roads, Octo is proud to have contributed to the development …