Insurers soon to offer discounts to drivers thanks to telematics-based rating rule introduced by ISO

Jersey City, NJ, USA – ISO has filed its first vehicle telematics-based rating rule in 33 states and received approvals in 19. The optional GeoMetric® rating rule for personal and commercial automobiles uses information collected via telematics to award discounts for vehicles operated in areas safer than where they are garaged.

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Generali Seguros and Telefónica agree the development of a new automobile insurance

The two companies have announced the start-up of an exclusive pilot programme for Spain in which machine-to-machine (M2M) technology will help users to drive responsibly and allow them to save on their car insurance according to their habits at the wheel.

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Network powers automotive insurance application

Agnik, a data analytics company for distributed, mobile and embedded environments, has selected the Kore Telematics M2M network to power its usage-based automobile insurance application.

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