UK insurer LV= Broker has signed an agreement with Octo Telematics to adopt the company’s data analytics and telematics services.
Under the agreement, LV= Broker will use Octo’s full suite of products, including sensors, driver behavior scoring and a first notification of loss (FNOL) platform. The technology will enable LV= Broker to price risk more accurately and enhance claims management, while rewarding consumers for driving safely, according to the companies.
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