Vodafone is providing telematics technology to support a usage-based insurance offering from UK company Admiral.<\/p>\n
The deal sees Vodafone supply hardware, connectivity, data management, crash analysis and safety-related services for the insurer\u2019s LittleBox solution.<\/p>\n
Vodafone has won the deal from Octo Telematics, European Communications understands.<\/p>\n
The LittleBox service, which launched in 2013, offers drivers discounted car insurance premiums based on an analysis of their driving behaviour.<\/p>\n
It collects driving data that the customer can access through a dashboard, which provides a driving score and offers hints to improve driving.<\/p>\n
LittleBox also offers detailed information on crashes to support Admiral\u2019s claims process for accidents.<\/p>\n
In the future, Vodafone will also be able to allow the insurer to offer new services, including a stolen vehicle recovery capability supported by a network of dedicated service centres across Europe.<\/p>\n
Admiral said it had 200,000 customers using its telematics services, which are not limited to the little box.<\/p>\n
Vodafone Director of Automotive Gion Baker said: \u201cThe advantages of telematics technology is being felt well beyond the car.<\/p>\n
\u201cWe are seeing forward-thinking insurance companies like Admiral using it as a digital bridge to their customers allowing them to get closer to them and to better understand their needs.\u201d<\/p>\n
Vodafone revealed during its latest financial results that it had a\u00a0market-leading 62 million IoT connections on 30 September.<\/a><\/p>\n Earlier this month,\u00a0the operator unveiled its first consumer IoT play, which included V-Auto, a “plug and drive” dongle that features a find my car feature and calls the emergency services in the event of an accident.<\/p>\n Read more:\u00a0Vodafone\u2019s annual IoT Barometer points to a lull in the storm<\/a><\/p>\n
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