'Modern fleets need an equally modern insurance company that moves as fast as they do,' CEO Ed Leon Klinger said. 'Commercial motor insurance is a $160 billion market, crying out for disruption.'
Trucks and other large commercial vehicles are the biggest whales on the road today — are they also, by virtue of that size, some of the most dangerous and inefficient if they are driven badly.
U.K. car tech startup Lightfoot, which sells a telematics system that gives real-time feedback to drivers combined with a rewards platform to further incentivize good driving, has picked up £3.2 mill
Ford is finally detailing availability of its FordPass SmartLink accessory, an OBD II plug-in device with Verizon 4G LTE on board which can add connected car features to model year 2010 to 2017 Ford v
LG is looking at the rise of autonomous vehicle technologies as an opportunity to expand its electronics business, and it’s now working with mapping provider HERE to put together a telematics pr
Upstream Security, a new startup founded by two cyber security industry veterans, announced a $9 million Series A today to help protect connected vehicles and eventually autonomous cars. Today, that p
History repeats herself, but she mumbles. Most of the time we can only in retrospect discern what she was trying to say. Sometimes, though, history’s intent is clear. That's where we stand with the
Allstate is on a mission to vertically develop its telematics expertise and find new sources of revenue across different sectors by launching a new standalone unit called Arity (dedicated to data coll
Hot off the heels of its acquisition of Yahoo last week for $4.8 billion, today Verizon announced another huge purchase: it’s buying Fleetmatics, a telematics company based out of Dublin, Irelan
The transportation industry is associated with high maintenance costs, disasters, accidents, injuries and loss of life. Hundreds of thousands of people across the world are losing their lives to car a
With a lot of tech companies and automakers staking their claims in the connected car space, now there are signs that others are looking to move in, too. Today, telecoms giant Verizon announced that i
Millions of people in the United States have mobile phones, and we’ve had them for years. We may upgrade phones or change plans, but cell phones and plans are generally sold to people who alread
Plug Metromile’s free gizmo into your car and you can stop overpaying for car insurance if you’re amongst the 70% of people who drive under 10,000 miles a year. Today Metromile expands its
These days, new cars have a truly new feature, which those in the industry call telematics. You and I would probably call it an in-dash computer, but what do we know? Right now Microsoft has Sync in F