At the 2015 IASA Educational Conference and Business Show, msg global announced the North American release of its Telematics Analyzer software that helps insurers collect, analyze and score telematics data.
The software has been in development since 2013 and was tested by a European insurer msg declined to name. It works in concert with msg's MyMile telematics mobile app. Another partnership, with Nokia's mapping subsidiary HERE, helps vet the data's veracity.
"The concept here is flexibility, scalability, and reliability when designing a telematics-based scoring model and usage-based insurance go-to-market strategy," says Sven Roehl, msg global solutions' Managing Director of Telematics and Country Leader for the UK. "Telematics Analyzer can run on the SAP HANA Cloud platform, creating further opportunities for an insurer to effectively compete. And insurers that want to run the solution as a pilot project can gain immediate telematics experience using Telematics Analyzer as a service."
Providing off-the-shelf telematics capabilities is an increasing priority for insurance technology vendors. Also at IASA, Verisk and Vehcon announced a partnership in the space.
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