News

  • Four reasons to embrace the connected car

    February 1, 2018

    There is no doubt that the connected car is here to stay. Equipped with an Internet connection, mobile apps, and more, connected cars allow drivers to interact with their vehicle, their environment, and third-party services. Just like so many technological advancements before it, some uncertainty and fear accompany connected car adoption. With estimates that 75 percent of cars shipped globally …

  • Vehicle sharing and the influence of telematics

    Shared mobility services are not only growing, they also are expanding in scope. Among these trends is the significant increase in vehicle sharing programs. A recent Frost & Sullivan report noted that approximately 7 million users were sharing roughly 112,000 vehicles in 2015 in the United States alone. These numbers are expected to grow to over 36 million users and …

  • From the experts: 4 great solutions to make telematics data work for you

    January 4, 2018

    Telematics systems are of invaluable use to fleets, offering numerous benefits, including lower costs, less wear and tear on vehicles, and higher driving standards. But these systems also generate huge amounts of data, so it’s key that fleet managers understand which data is relevant and how best to use it. Some of the leading telematics suppliers give tips on the …

  • Enterprise case study: building flexible and scalable data platforms

    December 20, 2017

    As an early entrant to the telematics service provider (TSP) market, Octo Telematics has established a global market-leading position over the last decade. To further drive the IoT insurance market and build on its market position, Octo Telematics needed to develop an IoT and telematics platform with the functionality, flexibility, and scale to support the next evolution of IoT-based insurance …

  • Telematics beyond UBI: tackling distracted driving

    November 30, 2017

    The worldwide proliferation of smartphones and connected car technologies means that drivers are more distracted than ever. If technology is the issue, is it also a solution? Although for the most part, technology has rendered that activity obsolete, connected car technologies such GPS, while helpful, are still taking drivers’ eyes off of the road. Even as cars themselves continue to get …

  • Ridesharing and the impact of telematics

    November 29, 2017

    Since the launch of Uber in 2011, the practice of ridesharing has had a significant impact on the auto insurance market, blurring the distinction between personal and commercial lines coverage. In fact, with multi-billion-dollar companies like Uber and Lyft operating in hundreds of cities across the country, and millions of users serviced by hundreds of thousands of drivers, the explosive …

  • Embedded chips & connected car news tips

    November 19, 2017

    In connected car news this week were Geely, Honda, Visteon, Toyota, Zubie, Octo, VW, The LA Auto Show and TomTom. Octo announced the platform-to-platform integration of its market-leading digital smartphone, smart tag solution, Vantage (Formerly Glimpse Plus, Smart Tag in Europe) with Guidewire PolicyCenter, the policy administration system developed by Guidewire Software, a provider of software products to Property & Casualty …

  • Octo Telematics integrates digital telematics solution with Guidewire PolicyCenter

    November 13, 2017

    The platform-to-platform integration of the Vantage (formerly Glimpse Plus) solution lets insurers using PolicyCenter easily offer their clients Octo’s telematics offering. Vantage uses drivers’ smartphones to collect driving data through IoT-enabled tags and analyzes it with proprietary algorithms. “PolicyCenter automates underwriting and policy management exclusively for P&C insurers and manages the entire lifecycle of a policy from creation through to …

  • The Business Debate – Octo Telematics – future of insurance

    November 10, 2017

    Jonathan Hewett, Chief Marketing Officer of Octo Telematics, sits down with The Business Debate to discuss the telematics industry and its path for the future. Specifically, Jonathan explains how telematics works, what data is collected and how that data is utilized for insurance companies. They also expand on how this is beneficial for both the insurance company and the driver. …

  • CIO Bulletin names Octo one of the most innovative companies in 2017

    October 31, 2017

    Innovation is the lifeblood of auto insurance today. It’s changing the insurance industry in a way that hasn’t been seen in decades. Insurance is no longer just about price, but about value-added services such as crash assistance, vehicle monitoring, and usage-based insurance – all enabled by telematics. Click here to read CIO Bulletin’s full interview with North America CEO, Nino …