Cambridge Mobile Telematics, which helps insurers monitor drivers via smartphone, has agreed to buy TrueMotion, a cross-town Boston rival, for an undisclosed sum. Both companies have shot to the front of the burgeoning effort to use technology to better manage …
Pacesetter Teams with OnSeen and Hover Pacesetter Claims Service, OnSeen Inc. and Hover have teamed up to launch a claims management system that virtually connects all parties involved in the claim adjustment workflow through smartphones. The LiveClaims Solution will become …
Drivers are being warned about the increased risk for distracted driving this summer. Travelers and its public policy division, the Travelers Institute, along with TrueMotion, a smartphone telematics platform, recently analyzed the behavior of more than 20,000 drivers from January …
TrueMotion, INRIX Partner to Deliver Contextual Driving Data to Insurers TrueMotion, the leading platform for smartphone telematics, announced a strategic partnership with INRIX, the global leader in connected car services and transportation analytics, to provide contextual driving data to auto …
An overwhelming majority of people surveyed for the 2018 Travelers Risk Index said that distracted driving remains a concern, consistent with previous years.The Travelers Companies, Inc.’s first release of the report focuses on distracted driving and perception of risks among …
Auto insurance is experiencing its most seismic shift since it began over 100 years ago. If 2017 shook up the industry with an increasing number of carriers adopting mobile telematics programs for UBI, 2018 will break the mold. Carriers will …
A report released earlier this year by research and advisory firm Novarica highlights how digital opportunities, analytics and the Internet of Things (IoT) are driving changes in claims. Customer service standards set by other industries is contributing to the digital …
MEMIC names Bourque as next President/CEO Michael P. Bourque has been named president and CEO of The MEMIC Group to replace John T. Leonard who is retiring later this year. Bourque, who has worked for the company for nearly 22 …
In an effort to combat distracted driving and reward good driving behavior, TrueMotion introduced Mojo. The new mobile app uses competition, gamification and financial incentives to help drivers kick the distraction habit, according to a company press release. Through other …
Travelers Offers Customers Cybersecurity Services from Symantec The Travelers Companies, Inc. recently announced that it is making pre-breach cybersecurity services from Symantec Corp. available to eligible Travelers cyber policyholders. Symantec, a global provider of cybersecurity solutions, will offer a cyber …