Broking telematics under the spotlight as motor insurers withhold or pull capacity

Telematics - highway_concept

The broking telematics market has had a few setbacks of late with Unipol pulling capacity and Lumun pivoting to become an MGA. But as Saxon East discovers, there are positive signs on the road ahead too.

In the conservative insurance world of LinkedIn, telematics entrepreneur Richard King delivered a few hard truths for insurtechs. Last month, his post on the network set tongues wagging.

King, who founded insurtech Ticker five and half years ago, claims his business is on course to book £150m in premium this year. The firm was ‘tantalisingly close’ to profit and achieving its target loss ratios, he added.

The strategy of many insurtechs to spend wildly and have less concern for loss ratios is now

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options


Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

Interview: Sabre CEO Geoff Carter

Sabre boss Geoff Carter tells Insurance Age about the upsides for brokers from its IHP rollout, growing in motorbikes after the collapse of MCE and profitable expansion plans in taxi.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: