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Insure The Box: Night-curfew will not cut young drivers premiums

Insure The Box: Night-curfew will not cut young drivers premiums | Insurance Software | Scoop.it

Telematics insurer Insure The Box, which has 150k customers and >600m miles of driving data, has said that the introduction of a night curfew for young drivers will not lower premiums or improve road safety.

 

Insure The Box's data show that only 11% of accidents involving young drivers take place in the hours between 11pm and 4am.

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Swinton and SSP Enter Ground-Breaking New Five-Yea - Daily Herald

Swinton and SSP Enter Ground-Breaking New Five-Yea Daily Herald Solihull, United Kingdom (15th May, 2013) - SSP, a leading global provider of general insurance technology solutions, recently announced that it has renewed and extended its...
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Insure The Box: Night-curfew will not cut young drivers premiums

Insure The Box: Night-curfew will not cut young drivers premiums | Insurance Software | Scoop.it

Telematics insurer Insure The Box, which has 150k customers and >600m miles of driving data, has said that the introduction of a night curfew for young drivers will not lower premiums or improve road safety.

 

Insure The Box's data show that only 11% of accidents involving young drivers take place in the hours between 11pm and 4am.

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Confused.com adds Drive Like a Girl to its panel

Confused.com adds Drive Like a Girl to its panel | Insurance Software | Scoop.it

Confused.com has added Drive Like a Girl to its panel of insurers. Since launching, the brand has handed back more than £271k in telematics-related discounts. 

83% of its earliest 2,500 customers received some discount, with 56% receiving an average of £154 each. 1 in 4 customers received more than £150 and 1 in 10 received more than £250 back at three months.

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SSP: Time to take telematics seriously

SSP: Time to take telematics seriously | Insurance Software | Scoop.it

In a white paper, SSP has opined that many insurers will be left behind in "the telematics revolution" as their legacy systems cannot cope with or properly leverage the vast data it generates.

 

According to the research, there are 300k private in-force telematics policies in the UK motor market. This could increase to c.2.2m by 2015 (c.9% of the private insured car parc).

 

You can download the paper here: http://www.ssp-uk.com/SSPInteractive/WhitePapers/Unleash

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