Analysis

Is telematics reaching a tipping point?

By Trevor Hemsley 2023-06-12T07:00:00

time for telematics car motor alarm urgent

The industry and technology has moved on from the traditional notion of a black box, but are customers finally seeing the advantages of telematics motor insurance policies?

The excited press coverage of Aviva’s introduction of the first UK telematics motor insurance product in 2005 suggested that a revolution was underway.

Policyholders were being offered the chance to achieve dramatic premium discounts in return for installing a ‘black box’ in their vehicle that uses GPS technology to relay data about their driving to the insurer. The safer their driving was considered, the more they could save.

Read more… 

Explore more telematics-related content here or discover other news analysis stories here 

You need to register to continue reading the rest of this article and more for free.
(If you’re already registered, please sign in here.)

Register now

We’re glad you’ve chosen Insurance Times as your source for industry news and hope you’ve been enjoying reading articles from our award-winning team of journalists.

Gain access to more of our exclusive, breaking stories, interviews and news analysis as it happens. Registering is quick, easy, free, and will also have the additional benefits:

  • Top level access to our Five Star service ratings across our annual Personal Lines, Commercial Lines, eTrading and MGA reports.
  • A choice of daily and weekly email newsletters that suit you, to keep informed of news across the industry directly to your inbox.

Register now to continue reading more for free

As a subscriber you will benefit from unlimited access to our news and news analysis, magazine editions, special supplements, exclusive research reports and full access to the Five Star service rating microsites - view subscription options.