Vauxhaull and Ageas strike telematics deal
by Gill Montia
Story link: Vauxhaull and Ageas strike telematics deal
Vauxhall Motors has embraced telematics car insurance in a deal with Ageas and young driver insurer, ingenie, that offers cover for 17 to 25 years olds when they purchase a car from a Vauxhall dealership. The venture will see Ageas provide the underwriting and administration capability through a joint Vauxhall and ingenie website, extending the [...]
Telematics insurance becomes more popular
by Richard Kilner
Story link: Telematics insurance becomes more popular
Figures from car insurance comparison website Tiger.co.uk have revealed that telematics insurance policies are becoming increasingly popular with drivers aged 24 and under. Sales data from February to September 2012 indicates that younger drivers are increasingly opting for telematics policies, suggesting that the more affordable pricing weighs more heavily with drivers than the so-called ‘big [...]
Telematics insurance sales rise by 25%
by Richard Kilner
Story link: Telematics insurance sales rise by 25%
There has been a 25% rise in telematics-based car insurance, according to price comparison website Tiger.co.uk. Younger drivers often find it hard to find affordable car insurance, but telematics car insurance is proving popular, with a 25% rise in sales made through Tiger.co.uk in the first four months of 2012. Telematics involves the use of [...]
Car insurance costing young drivers dearly
by Richard Kilner
Story link: Car insurance costing young drivers dearly
Young drivers are being hit hard with insurance premiums, which can be nearly sixfold those paid by pensioners and up to a fifth of a young person’s salary, new figures have shown. The research, commissioned by Confused.com, has shown that the average income of an 18-21 year old is a little under £14,000, but that [...]
Telematics technology cuts crashes by 20%
by Richard Kilner
Story link: Telematics technology cuts crashes by 20%
The Co-operative Insurance has conducted analysis of 10,000 young driver insurance claims and found that those with telematics (‘smart box’) insurance are 20% less likely to have a crash than those with standard insurance. The research looks at driving behaviour of 17 to 25 year olds across the country, a year after The Co-operative’s Young [...]
Telematics encourage safer driving
by Richard Kilner
Story link: Telematics encourage safer driving
Britain’s young drivers are being encouraged to drive more safely thanks to the introduction of telematics technology, according to The Co-operative Insurance. More than a third (35%) of drivers are driving in an ‘excellent’ way, with a small proportion (5%) guilty of ‘poor’ driving. The Young Driver scheme was launched earlier this year and measures [...]
Zurich promotes telematics to fleet operators
by Gill Montia
Story link: Zurich promotes telematics to fleet operators
Companies are now able to make use of new technology that can reduce the costs of crashes in their motor fleets by up to 30%. According to research from Zurich, telematics technology (alongside driver development) can help fleet operators improve safety, soften their impact on the environment and reduce operational costs. The technology provides extensive [...]
ISG launches collision alert technology
by Gill Montia
Story link: ISG launches collision alert technology
Technology that enables a vehicle to automatically alert incident managers when involved in a collision is being launched by accident management company, Incident Support Group (ISG). ISG Sense uses impact sensors, telematics and black box technology to enable a vehicle to contact the firm, and other interested parties, when subject to impact. In addition to [...]
