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Telekom, DriveFactor unveil M2M usage-based insurance system

Tuesday 7 May 2013 | 11:13 CET | News
Deutsche Telekom and DriveFactor will present a complete usage-based insurance (UBI) platform at the European Insurance Telematics Conference in London on 07-08 May. This will allow motor insurers to offer their customers special benefits for driving safely. The offer is based on a machine-to-machine (M2M) platform that evaluates driving behaviour. The turnkey solution includes a tracking module and SIM card for the insured person's vehicle, platform services and statistical evaluation of driving data. It is also provided at a fixed monthly rate.

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Categories: Mobile & Wireless
Companies: Deutsche Telekom
Countries: Europe
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