Admiral, a car insurance provider in the UK, has extended its partnership with Cambridge Mobile Telematics (CMT), to launch LittleBox Pod, a new telematics offering that can lower insurance prices for drivers of all ages.
Admiral has positioned itself as a leading Financial Services company covering services such as motor, home, pet, travel insurance, Insurtech, personal loans, car finance and legal services.
CMT is on a mission to make the world’s roads and drivers safer. The company’s AI-driven platform, Drive Well, gathers sensor data from millions of IoT devices, including smartphones, connected vehicles, dashcams and third-party devices, and fuses them with contextual data. This creates a unified view of vehicle and driver behaviour.
The newly-launched programme is available now for UK drivers on price comparison websites.
The Pod works in unison with the Admiral app to give drivers feedback on each trip and provides a score that indicates their driving safety. Drivers can follow their progress in the app and improve their score, which can reduce insurance premiums.
Paul Taylor, head of telematics at Admiral, said, “We’ve built a fantastic range of products and services that deliver great value for our customers, and Admiral LittleBox Pod, built in partnership with Cambridge Mobile Telematics, is a fantastic addition to our offering. I’m excited to see it help telematics policies become more interactive for our customers by sharing safety driving tips on the app and helping more people save on their motor insurance with us!”
David Morse, CMT’s chief customer officer, added, “With LittleBox Pod, Admiral is taking advantage of changing market dynamics to provide even more value to its customers. UBI and connected insurance are no longer just about young drivers in the UK. Drivers of all ages are interested in the benefits of safe driving programs like LittleBox Pod. In fact, over 60% of UK drivers say they would join a UBI program if offered by their insurer. We’re excited to expand our relationship with Admiral and help them make even more drivers safer on the road.”
Earlier this year, CMT acquired fellow telematic company Amodo.
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