Allstate has launched a stand-alone telematics unit to unify the company's several initiatives in the area under a single umbrella.
The unit, called Arity, was briefly mentioned in a
In the company's earnings call this week, CEO Tom Wilson offered greater clarity into the new initiative's mission.
"There are many companies that want to get in this space, and we think we have a natural way in because it’s direct and it’s low friction in terms of giving customers direct benefit from the connection. So it’s our belief that we can use that connection then for multiple purposes such as road usage or providing real-time safety advice, consumer benefits that are determined by a customer’s interest and the time-and-place specific location they’re at," Wilson said in the call, which was transcribed at
In a