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Value, Not Discounts, Key to Commercial Lines Telematics

Over the past year, Octo has seen significant interest in telematics solutions for commercial auto insurance. As insurers start seeing results from their personal auto usage-based insurance programs, they look for new ways to leverage telematics technology. With half of the 13 million commercial vehicles in the U.S. connected via telematics, bringing telematics to commercial auto insurance is a logical next step.

Price-based competition in commercial auto insurance has been a major driver of increasing combined ratios over the past few years. Often in our discussions with insurers, we come to the same sticking point — with record high combined ratios, they cannot make the business case for offering significant discounts to their commercial customers in exchange for telematics data.

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Discover The Omoove Mobility Solutions At The Les Rencontres Flotauto 2018

Omoove will be attending the 7th edition of Les rencontres Flotauto 2018 at the La Villette in Paris.

The event brings together Producers, Landlords, Financial Organizations, Insurers, Prevention Specialists, Energy Suppliers, Management Tools Providers, Geolocation and Embedded Electronics, Consulting Companies, etc.

Conferences and workshops will allow to focus on market trends and new technological solutions for the efficient management of a fleet of vehicles.

The debates will be moderated by the Fleet Automobiles and will mobilize over 70 experts, witnesses of companies and professionals in the sector.

Omoove will sponsor the event to present its own Mobility Solutions that also allows the Companies to optimize their fleet management and significantly reduce fleet-related costs over the long term.

If you’re a company that needs to make your employees travel in a safe, efficient and sustainable way, you can come to the event and discover our Solutions.

Learn more about the event here!

The Omoove Efficient Solution For Fleet Manager At Fleet Market In Warsaw

Fleet Market is an event that brings together 7,500 business representatives from all over Poland. This meeting brings together representatives of the SME and multinational corporations.

Is a closed event dedicated solely to business representatives who are present or potential buyers of cars, fleet products and services to companies.

The Fleet Market invites business managers who have both a car to do business and those who are looking for fleet vehicles ranging from several dozen to several hundred cars.

Omoove participated at Fleet Market 2017 presenting the Omoove Shared Mobility Platform dedicated to the Fleet Management.

More info at

The Future Of Mobility At Fleet Manager Academy 2017

Fleet Manager Academy is the most important event in Italy for the fleet management sector, with tradition from year 2010.

The event will focus on the issues of corporate fleet management and evolutions in the mobility business market. Also is a meeting point and comparison for fleet managers, companies and market operators.Omoove will participate at Fleet Manager Academy and Edwin M. Colella, Omoove Chief Sales & Marketing Officer will presenting Sharemine and the Omoove Shared Mobility Platform dedicated to the Fleet Management.More info at

Fleet Day 2017, The Biggest Fleet Event In Slovakia

Founded in 2009, Fleet Day is the biggest event of its kind in Slovakia. The event offers an excellent platform for B2B groups to meet and align. In the first part of the event, professional presentations focused on topics discussing higher efficiency of fleet management.Omoove will sponsor Fleet Day and Edwin M. Colella, Omoove Chief Sales & Marketing Officer will also be doing a speech.More info at

What Can Telematics Do For Fleet Management?

Telematics not only enables the smooth management of fleets, it can also identify problems before they occur

Nowadays, it’s hard to imagine running a car or truck rental business by paperwork, let alone managing a fleet of commercial vehicles. It’s an extremely complicated business with a vast and varied supply chain that must provide an efficient and timely service, ensure driver safety and optimize vehicle usage. It should come as no surprise, then, that fleet managers have always been early adopters of technological innovation.

Starting from the nineties, the Internet introduced universally accessible web-based services and, by the turn of the century, the advent of mobile technology and GPS propelled the industry into the arms of telematics.

Today, fleet management is facing new and increasing challenges to run an efficient and cost-effective service. The global market and fierce competitiveness mean that fleet managers are increasingly confronted by operational issues ranging from the ever present need to improve activity coordination and optimization to increasing fuel costs and new legislation, such as revised carbon emission regulations, that requires timely revision and replacement of fleet vehicles.

In this complex scenario, telematics has become the fleet manager’s best friend. Telematics provides visibility. It allows fleet managers to see the full picture. They are constantly updated, in real-time, on where their vehicles are, what they are doing, and how they are performing.

The acquisition of a vast array of data, including information on driver behaviour, fuel consumption, vehicle geo-location, local traffic and weather conditions, maintenance requirements, real-time task rescheduling, etc., allows businesses to run more efficiently and cost effectively and to ensure optimal logistic and commercial activities.

Telematics allows fleet managers to instantly identify a range of common problems that may affect the performance of vehicle fleets, such as dangerous driving, mechanical problems, traffic and excessive fuel consumption. Naturally, identifying issues and active prevention translates into greater performance and less operational cost.

However, the benefits provided by state-of-the-art telematics and data analysis reach far beyond the day-to-day performance of fleets. The information provided by the telematics devices installed on each fleet vehicle is recorded day after day, providing the company with what is commonly referred to as “big data,” which can be analysed and used to extrapolate precise overviews and trends on the macro-performance of their vehicles, drivers and business. This is an invaluable tool that allows fleet managers to improve a vast range of issues ranging from driver safety to fuel consumption to operational management. Indeed, telematics also provides fleet managers with alerts when the performance of older vehicles drops significantly.

Fleet telematics is currently evolving from “simple” tracking, data analytics and platform services towards a seamless integration of fleets, drivers and enterprise. It is integrating vehicle data with the greater connected ecosystem to provide better service, greater safety for drivers and map new opportunities for companies by reducing all operational bottlenecks.

In a world that is speedily moving to embrace total connectivity, self-driving vehicles, vehicle-to-vehicle communication, automated safety systems and smart cities, telematics is clearly the future of transportation and certainly that of fleet management.

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