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.

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