UK: "insure the box" insurance launches with Octo Telematics device

01 Jun 2010

insurancethebox provides a motor insurance product which harnesses telematics technology to assess individual driving habits.

Driving behaviour is assessed by fitting a telematics box (Clear box) to the motor vehicle. Clear box is about the size of a mobile phone and is fitted inside the car. The telematics device sends the following information from the vehicle:

- Number of journeys made

- Distances travelled

- Types of road used

- Speed

- Time of travel

- Levels of acceleration and braking

- Accidents

When users purchase the car insurance from insurethebox, Octo Telematics will fit the Clear Box using their approved national network of qualified fitters.

Clear Box is a telematics device supplied Octo Telematics and manufactured by Octo's parent company Meta System.