The company has positioned itself as one of the leading companies offering solutions for Fleet Telematics and Smart Mobility. The company is on a mission to leverage its advanced analytics and it’s set of IoT Big Data to generates actionable analytics giving life to a new era of Smart Telematics.
The European UBI market is expected to reach over 24 million policies by 20252 and OCTO said that embedded/line-fit solutions will be a key driver facilitating the uptake and expansion of this growth trend, representing 10% of all UBI policies, and will enable new mobility as a service solutions.
By leveraging Ford’s connected vehicle data, OCTO said it will enhance its market proven telematics services in insurance and analytical services in the UK, Italy, Germany, France and Spain.
Their technology will enable our customers to benefit from the most accurate, value for money insurance policies in the market.