Telematics

Octo U offers customers 10% premium discounts from multiple carriers to reward good driving.

The Japanese insurer partnered with Cambridge MobIle Telematics to launch a new program.

Despite their popularity, IoT devices present significant and unique security risks to consumers and businesses.

With market growth for usage-based insurance plateauing, parents of teen drivers and the elderly offer new avenues for carriers to leverage for a much-needed lift in business, according to a study by LexisNexis Risk Solutions.

Scrutiny around Autopilot is heightened in part because the federal government is drafting guidelines, expected to be released this summer, for automakers racing to bring fully self-driving cars to market.

The insurer is using a smartphone app to gather driving data.

The company's plan to deploy self-driving cars in ride-hailing and ride-sharing fleets is similar to what General Motors aims to do with Lyft, while its scheduled start matches BMW’s timeframe.

Internet-connected cars and other everyday products have become the fastest-growing part of the U.S. wireless industry.

Arity hints at the insurer’s ambitions to create an added revenue stream by selling data and analytics knowledge, even to its competitors.

Low consumer adoption and a lack of data standards around smart devices mean home insurers are taking a slow approach to integrating the technology into their products.