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.
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.
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.discover more
CORPORATE SOCIAL RESPONSIBILITY
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.discover more
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.
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.
around the world
More than 280 billion
miles of driving data collected
crashes and insurance events analysed
More than 400,000
rentals per month