Newton, MA – Feb. 23, 2016 – Octo Telematics, the global leader of advanced telematics systems and services to the automotive and insurance industries, has joined Together for Safer Roads (TSR), an innovative coalition that brings together global private-sector companies to focus on improving road safety and reducing deaths and injuries from road traffic collisions. Octo Telematics joins a prestigious group of corporate members including AB InBev, AIG, AT&T, Chevron, Ericsson, Facebook, IBM, iHeartMedia, PepsiCo, Republic Services, Ryder, UPS and Walmart.
Octo Telematics has long been invested in road safety, with its services and knowledge base being used to create profiles and plans for safer roads, safer cities, safer fleets and safer individuals throughout the world. Octo brings crucial insights to TSR through aggregate data and expertise on driver safety, which is aligned with the coalition’s mission to combine its members’ knowledge, data, technology and networks to promote safer roads, vehicles and systems, as well as safer road users. Octo’s significant global footprint and expertise in detecting and analyzing crash data for insurance partners, carmakers and rental companies – as well as providing feedback to drivers themselves – brings a unique leadership position to TSR.
“As the world’s largest insurance telematics provider and long term road safety advocate focused on creating better drivers, Octo Telematics brings a unique perspective to the coalition alongside our other members,” said Scott Ratzan, Chairman of Together for Safer Roads and vice president of global corporate affairs at AB InBev. “TSR aims to improve the safety of roads around the world, so that road traffic crashes are no longer one of the leading causes of death and injuries. Octo’s specific data and experience in this sector will further that mission, and is an especially important aspect as the industry is at a turning point with the addition of autonomous vehicles and connected cars on our roads.”
“With over four million worldwide connected users, our core business – real time monitoring and long term analysis of driving behaviors and contributing risk factors for safer roads – is directly aligned with the mission of Together for Safer Roads,” said Nino Tarantino, CEO, Octo Telematics North America. “As such, we are proud to join and extend our expertise to this visionary group, continue to expand our leadership in global road safety, and learn from and contribute to TSR and its member companies.”
About Octo Telematics
With offices and partners worldwide, Octo Telematics is the most advanced
Telematics Service Provider (TSP) to insurance partners, carmakers and rental
companies. Founded in 2002, Octo’s award-winning Usage Based Insurance
(UBI) services have achieved widespread adoption. Today, Octo maintains the world’s largest insurance telematics statistical database.
Based in Boston, Octo Telematics North America brings insurers extensive
experience with infrastructure, device logistics, customized programs and
client care, enabling best-in-class support across the USA, Canada and Mexico.
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About Together for Safer Roads
Together for Safer Roads (TSR) is an innovative coalition that brings together global private sector companies, across industries, to collaborate on improving road safety and reducing deaths and injuries from road traffic crashes globally. TSR brings together members’ knowledge, data, technology, and global networks to focus on five areas that will make the greatest impact globally and within local communities. These focus areas align with the United Nation’s Decade of Action for Road Safety’s Five Pillars by developing programs to address issues in road safety management, safer roads and mobility, safer vehicles, safer road users, and post-crash response.
For more information:
Christine Perkett – PerkettPR for Octo Telematics
Amanda Komar – Together for Safer Roads