Press Releases

  • Octo Telematics leadership acquires 20% stake from Renova – Renova ownership below 50%

    April 13, 2018

    Chairman and Chief Executive invest in the future of Octo Telematics to assure normal business operations. Renova reduces shareholding to 48.55%. Rome, London, 13th April, 2018: Octo Telematics (Octo), the number one global provider of telematics for the auto insurance industry, has announced that its Chairman and Chief Executive have signed a binding share purchase agreement with Renova for the …

  • Octo Telematics completes acquisition of Willis Towers Watson UBI assets

    December 4, 2017

    London, 4th December, 2017: Octo Telematics (Octo), the number one global provider of telematics for the auto insurance industry, has today announced that it has completed its acquisition of the usage-based insurance (UBI) assets of Willis Towers Watson announced on 11th October, 2017. This acquisition includes Willis Towers Watson’s market-leading DriveAbility® solution and the DriveAbility Marketplace. Additionally, Geoff Werner (Global …

  • Octo Telematics Surpasses Three Million UBI Telematics Policies in North America

    November 20, 2017

    Continued innovation, products and awards propel sales and partnerships throughout U.S., Canada and Mexico FOR IMMEDIATE RELEASE – Newton, MA – Nov. 20, 2017: Octo Telematics (Octo), a leading global provider of telematics and data analytics solutions for the auto insurance industry, announced that it has surpassed the activation of three million usage-based insurance (UBI) users in North America, a …

  • Octo Telematics completes platform-to-platform integration of digital telematics solution with Guidewire PolicyCenter®

    November 13, 2017

    Integration enables insurers to support more seamlessly rapidly-growing usage-based auto insurance Las Vegas, 13th November, 2017: Octo Telematics (Octo), the number one global provider of telematics for the auto insurance industry, today announced the platform-to-platform integration of its market-leading digital smartphone, smart tag solution, Glimpse Plus (Smart Tag in Europe) with Guidewire PolicyCenter, the policy administration system developed by Guidewire Software, …

  • Octo Telematics to acquire UBI assets of Willis Towers Watson and will partner with them on insurance-related products

    October 11, 2017

    Octo Telematics to acquire UBI assets of Willis Towers Watson and will partner with them on insurance-related products Leveraging Octo’s world class Next Generation Platform, acquisition will bring globally recognised scoring/analytical capabilities to serve the global insurance telematics marketplace London, October, 2017: Octo Telematics (Octo), Octo Telematics (Octo), the number one global provider of telematics for the auto insurance industry, …

  • Octo Telematics named in Gartner case study

    October 5, 2017

    Octo Telematics named in Gartner case London, 5th October, 2017: Octo Telematics (Octo), the number one global provider of telematics for the auto insurance industry, has been cited by Gartner Inc., the world’s leading information technology research and advisory company. Octo has been cited in the 31st August Gartner report entitled: How to Achieve Digital Business Excellence by Mastering Pervasive …

  • Octo Telematics Releases ‘Glimpse Plus’ Digital Telematics Solution for Insurance Providers

    September 5, 2017

    Octo Telematics Releases ‘Glimpse Plus’ Digital Telematics Solution for Insurance Providers Smartphone Tag-Based Solution Makes Insurance Telematics Reliable and Easy FOR IMMEDIATE RELEASE – Newton, MA – Sept. 5, 2017 – Octo Telematics, a leading global provider of telematics and data analytics solutions for the auto insurance industry, has announced the release of Glimpse Plus, a cutting-edge digitally enabled telematics …

  • Octo Telematics and Agero Partner to Deliver Superior Accident Management Services

    August 30, 2017

    Partnership extends existing solutions via Crash & Claims telematics FOR IMMEDIATE RELEASE – Newton, MA – August 30, 2017 – Octo Telematics, a leading global provider of telematics and data analytics solutions for the auto insurance industry, and Agero, the largest B2B provider of roadside assistance services to automotive manufacturers and insurance providers in North America, have announced a partnership …

  • Ana Seguros Chooses Octo Telematics For Fleet Telematics

    August 24, 2017

    Innovative Insurer in Mexico to Create New Program FOR IMMEDIATE RELEASE – Newton, MA and Mexico City, Mexico – August 24, 2017 – Octo Telematics, a leading global provider of telematics and data analytics solutions for the auto insurance industry, announced today that Ana Seguros, a part of Grupo Valore, has chosen Octo as the telematics partner for a new …

  • Octo Telematics Launches New Internet of Things Insurance Platform

    July 11, 2017

    The Next Generation Platform allows for complete flexibility in the selection of sensors, analysis and output of data for all insurance and automotive services   It will enable accelerated growth in the global auto insurance market and facilitate expansion into future adjacent insurance and automotive markets  LONDON, 11th July 2017 – Octo Telematics, a leading global provider of telematics and data …