Intercept IP Group today announces new plans to enter the South African usage-based insurance telematics market through a collaboration with Digicall. Digicall is to be the official distributor and reseller of Intercept IP’s technology in the Southern African region, following an agreement between the two parties. South Africa is one of the world’s leading markets in insurance telematics and stolen vehicle recovery. Millions of devices have been deployed over the last 20 years, but the key market players are now looking to enhance the performance of their technology and the…
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CMS Strikes Deal With Global Reinsurer
Reinsurance Giant Embeds UK-Firms Telematics Aggregation and Crash Detection Software into their Global Telematics Platform [22 May 2018] Leading reinsurance provider, Swiss Re, has purchased a global licence from Collision Management Systems (CMS) to embed the company’s software into its telematics based reinsurance proposition. With its platform now enriched with CMS Crash Detection Software, Swiss Re can process vehicle data from any telematics system and deliver a reliable crash alert to its insurance clients without having to deal with large volumes of false alerts generated by telematics devices. Charles Smith,…
Read MoreCMS Launches Futureproof Motor Insurance Software Solution
Delivers 10-Point Operating Ratio Improvement, Helps Mitigate Risk & Boost Bottom Line [9 May 2018] Collision Management Systems (CMS) is launching a new data aggregation solution for commercial and personal motor insurers that allows them to access data from multiple retrofit or embedded third party telematics systems in order to reduce claims frequency and severity. Proven to deliver up to a 10-point combined operating ratio improvement, it enables insurance carriers to access telematics data to make better decisions, enhance services and improve bottom line. Unlike other solutions on the market,…
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