Telematics innovation comes as rising claim volumes and costs seen across the insurance industry. USAA announced it is among the first auto insurance carriers to implement crash detection technology, an innovation that simplifies and expedites the claims process. This technology comes at a critical time as auto accidents have surged past pre-pandemic levels, exacerbating supply […]
GM and INRIX Join Forces to Leverage Connected Vehicle Data to Help Achieve Vision Zero Goals for Congestion and Crashes
General Motors (NYSE:GM) and INRIX Inc., the mobility analytics and connected car services provider, announced a collaboration to develop safety solutions to help transportation and planning agencies achieve road safety goals. Available first in the U.S., Safety View by GM Future Roads & INRIX is a cloud-based application that provides transportation officials with critical insights […]
Verisk and Ford Partner on Connected Car Data for Auto Insurance in Europe
The agreement gives Verisk license to supply connected car data to insurers in the UK, France, Germany, Italy and Spain. Verisk (NASDAQ:VRSK), a global data analytics provider, announced an agreement with Ford Motor Company (NYSE:F). As part of the agreement, Verisk can offer standardized, insurance-ready telematics data from connected Ford vehicles in Europe to assist […]
Ford Motor Company and LexisNexis Risk Solutions Partner to Provide Connected Vehicle Data to Auto Insurers
LexisNexis Risk Solutions and Ford Motor Company today announced they have entered into a strategic agreement so that Ford connected vehicle data can be available to U.S. auto insurers via the LexisNexis Telematics Exchange. Ford and Lincoln customers with an eligible 2020 model year or newer vehicle can opt in to participate in usage-based insurance […]
OCTO Telematics and Ford Team Up to Provide More Accurate Auto Insurance Risk Scores
OCTO Telematics announced a new agreement with Ford Motor Company to leverage Ford’s connected vehicle data to extend its predictive insurance risk score, OCTO DriveAbility Score. The integration provides a seamless experience for auto insurers and their policyholders with highly accurate pricing based upon driving data sourced directly from Ford vehicles fitted with embedded connectivity. […]
ASA Sends Letter to FTC in Response to Nixing the Fix Report
In advance of Wednesday FTC open meeting, the association supports a policy statement to address automotive repair concerns in May report. The Automotive Service Association (ASA) provided comments to the U.S. Federal Trade Commission (FTC) in advance of an open meeting on July 21 that will include a policy statement covering concerns raised in its […]
Cambridge Mobile Telematics Acquires TrueMotion
Cambridge Mobile Telematics (CMT), the leader in mobile telematics and analytics, announced it has acquired TrueMotion, the second largest mobile telematics provider. CMT will now provide telematics services to 21 out of the 25 largest auto insurers in the United States, and across more than 20 countries, including Canada, the United Kingdom, Germany, South Africa, […]
Ford Partners with Mile Auto on Pay-Per-Mile Insurance Offering
Ford Motor Company is teaming up with Mile Auto, a next-gen insurtech company utilizing computer vision and decision analytics to offer an affordable car insurance option based on mileage to low-mileage drivers. Through Mile Auto’s technology-driven and privacy-centric pay-per-mile approach, Ford owners who drive under 10,000 miles per year could potentially save between 30% and […]
CAR Coalition/YouGov Survey Says 79% Of Car Owners Say There Should Be a Law Prohibiting Vehicle Manufacturers from Blocking Vehicle Data Access
The CAR Coalition, a group of independent automotive parts, management and repair companies, associations, and insurers released the findings of a national poll focused on consumer choices in auto repair. According to the poll conducted by YouGov, 79 percent of consumers believe that automakers should be prevented by law from restricting access to vehicle data. […]
Right to Repair Legislation Introduced in Australia
Bill follows years long effort to establish framework to assure access for independent auto repair facilities and training organizations. Legislation was introduced March 24 in the Australian Parliament to require vehicle manufacturer and other affiliated data providers to make repair information supplied to dealer repair facilities available to independent repairers and training groups. The proposed […]
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