Quindell looks set to expand its telematics operation into the Northern territories, having secured a five year contract deal with an as-yet unnamed Canadian Insurer. As part of the deal, Quindell will provide the company’s customers with its bespoke telematics hardware and software packages, letting them keep track of their fuel usage and vehicle wear, but also give the insurer an insight into how well its customers drive. While Quindell nor the mystery insurer have outed which company the deal… read more →
We recently wrote about a final report from the British government’s competition watchdog, the Competition and Markets Authority, which while pushing for the authorities to help crack down on insurers offering certain comparison sites better deals than others and thereby creating a general inflation of prices across all comparison sites, failed to go after some of the biggest problems with insurers at the moment, including the inflation of car hire prices. Apparently the boss of AVIVA insurance was keen for… read more →
Aviva were one of the earliest insurers to provide a telematics product anywhere, under their previous name Norwich Union which launched a product under the trademarket “Pay as you Drive” in 2005 only to scrap all telematics policies in a misguided move in 2008.