Rise of Connected Insurance and Customer Retention Strategies
A study indicates significant policyholder attrition in France, prompting insurers to adopt digital tools for innovative connected insurance solutions to enhance customer loyalty.
SCOR and DriveQuant Form Strategic Business Alliance
SCOR and DriveQuant have entered a strategic relationship to enhance telematics insurance solutions, focusing on mobility science and real-time data integration.
MORE THAN launches mileage-based Low Miler car insurance
MORE THAN has launched Low Miler, a UK pay-as-you-drive car insurance product developed with IMS. Customers choose an annual mileage allowance and use a connected device to track mileage, with additional miles available for purchase.
IMS launches mileage-based pay-as-you-go insurance programme
IMS has made a low-cost, quick-start usage-based insurance programme available to North American insurers, enabling mileage-based policies using telematics data.
Quartix reports strong 2012 growth and expands fleet telematics services
Quartix reported 24% sales growth and a 60% rise in operating profit in 2012, adding 1,400 fleet customers and expanding its telematics presence in France and UK pay-as-you-drive insurance programmes.
Quartix expands telematics insurance and tracking operations
Quartix reports growth in vehicle-tracking systems, telematics insurance contracts and driver-behaviour monitoring, while expanding its operations in France.
Quartix expands UK telematics business and enters pay-as-you-drive insurance
Quartix says it is installing nearly 2,000 telematics units monthly and has more than 2,500 customers. The provider has secured a 15,000-system Coverbox contract for pay-as-you-drive insurance and is expanding into France through a Paris office and French-language website.