Products: Slew of telematics-based policies released
There has been a recent hike in telematics activity, with several black-box products released into the market last month.
The A&A Group partnered with Claimwitness Systems to launch a range of telematics-based policies which it says will save customers up to 20% compared with current market rates.
Adrian Parry, managing director of Claimwitness Systems, said that although telematics was not new, the way it was used and adapted to the market was: “We have enhanced the technology based on user experience and applied this to the economics of motor insurance – the cost savings are significant.”
Meanwhile, Fresh
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