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The gate to the future

OCTO shapes the tools that transform an IoT Big Data set into business value

For almost two decades, OCTO has been enabling customers to innovate and stay ahead of the competition

As a leader in the IoT field, OCTO’s vision is to drive a better quality of life in an ever-increasingly connected world.

Today OCTO is the world largest telematics and data analytics service provider for the auto insurance industry and provides other innovative connected user services including vehicle diagnostics, fleet management, road tolling and real-time monitoring of traffic and environmental conditions, making OCTO one of the main player in offering smart technological solutions connecting the world of mobility through advanced analytics and IoT-driven services for the new era of Smart Telematics.

VISION

Drive a better quality of life in a connected world

The third era of mobility has begun. People and their driving habits are at the centre of this revolution. Telematics has ushered in a new reality where OCTO’s products can offer a better quality of life.

Global leader in insurance IoT, OCTO has been a pioneer in this market. The company meets drivers’ needs and anticipates market trends and demand: thanks to this accurate overview, OCTO is able to offer tailor-made solutions.

GOVERNANCE

A safe haven for customer data

OCTO is a safe haven for customer data and manages it effectively and securely. Hence, OCTO always operates transparently, keenly aware of the importance of integrity of behaviour and collaboration with clients.

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CORPORATE SOCIAL RESPONSIBILITY

Communities first

OCTO is side by side with many partners as part of its global Corporate Social Responsibility program, including support and involvement with five international and local associations.

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TEAM

Our people

As technology is constantly advancing, OCTO is keeping pace. Focused on innovating and pushing IoT in new directions, company resources are always looking ahead.

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STORY

Roots in the future

  • OCTO realizes the importance of a single driver over the insurance product. OCTO founder Fabio Sbianchi created a system where drivers pay a premium based on their real driving behaviour.

     
  • In just a few years OCTO built up its reputation. The Italian insurance leaders Unipol and Axa chose OCTO models for their insurance solutions.

    Active End-Customers (in m) 0,1 
  • From national to international, OCTO has constantly worked with a global vision and conquered market share across Europe and North America.

    Active End-Customers (in m) 0,6 
  • OCTO celebrates 1.000 active contracts in the insurance field.

    Active End-Customers (in m) 0,7 
  • Octo goes beyond the insurance market launching the fleet management solutions, through telematics modules for car rental and OEM clients.

     
  • Octo opens its offices in London

     
  • Octo enters the Canadian Market

     
  • For the first time the number of new weekly users in USA overtakes Italian figures

     
  • Octo launches its New Generation Platform

     
  • Octo acquires the leading European mobility solutions Car Sharing Company and launches Omoove.

     
  • Octo acquires UBI assets of Willis Tower Watson and announces a strategic partnership

     
  • OCTO is a worldwide benchmark among insurers, with 40% market share and 6 million connected users. In 2019 Octo appointed a new CEO, Nicola Veratelli, while Fabio Sbianchi remains as a Member of the Board.

     

SOME DATA

OCTO reaches you everywhere

OCTO doesn’t know borders. Its smart solutions are the telematics answer to customers’ needs, wherever they are, with more than 20k shipments per day.

  • 6 million

    connected users

  • Over 100

    partners

  • 7 offices

    around the world

  • More than 280 billion

    miles of driving data collected

  • Over 480,000

    crashes and insurance events analysed

  • More than 400,000

    rentals per month

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