Among insurance telematics technology and service providers, MetaSystem, Verizon Telematics, Danlaw and Octo Telematics achieved top ranking for footprint, product range and track record, according to the 2013 “Telematics Insurance Supplier Ranking 2013,” by PTOLEMUS Consulting Group. This is the first year MetaSystem and Verizon were included in the telematics and location-based services firm’s report.
“The ranking shows that less than a dozen leaders now command the vast majority of the business, both in service and device provision,” said Frederic Bruneteau, PTOLEMUS’ managing director. “Yet the number of suppliers forming the long tail has grown rapidly with noticeable effects on price competition.”
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