SpeedGauge Profiled in Aite Group’s Report on Telematics’ Role in Insurance
Boston, MA – August 12, 2020 – The Aite Group’s 2020 report, “Global Commercial Vehicle Insurance: Why Insurers Need Telematics for Profit”, highlights SpeedGauge Inc. as one of the leading technology providers helping transform the commercial vehicle insurance industry. The report states that “Commercial carriers looking for a telematics partner to focus on commercial fleets will benefit from partnering with SpeedGauge.”
According to Aite, the commercial and business auto insurance market has been facing strong headwinds for the last few years and is finding it increasingly difficult to manage risk while controlling costs and improving customer interactions. Carriers have looked to telematics systems as a partner in this fight for many years, but technology advancements have created new opportunities for carriers to leverage these systems throughout their commercial vehicle segments.
Based on 25 interviews of global telematics companies and other insurance industry executives and influencers, the global research and advisory firm’s 2020 report outlines key commercial insurance market trends and presents a telematics feature function roadmap. It discusses what lies ahead for the market and profiles 12 vendors: Amodo, Arity, Azuga, CMT, DriveQuant, IMS, OCTO, SpeedGauge, Telematicus, The Floow, Verisk, and Verizon Connect.
For a copy of the complete report, “Global Commercial Vehicle Insurance: Why Insurers Need Telematics for Profit,” visit Aite Group.