Blog

  • The Shared Mobility Future

    May 18, 2018

    Reinventing Mobility Transportation is essential to economic and social development as it facilitates the movement of people and goods. However, burgeoning populations and growing urbanisation paralleled by the surging demand for mobility has overburdened transport networks, particularly in urban areas. Such pressures have also intensified problems related to pollution and congestion. New mobility business models, enabled through technology and accessed primarily through smartphones, have …

  • Telematics and claims: the bottom line (infographic)

    May 11, 2018

    For auto insurance carriers, claims account for over 70% of net premiums written. Any reductions that insurers can make to claims costs are critical to improving their combined ratio. Telematics is uniquely suited to address all the major contributors to claims expenses and help insurers achieve sustainable cost reductions. This infographic explores the growing loss ratio challenge auto insurers face …

  • The Future of Agriculture

    April 23, 2018

    Telematics and digital tools are profoundly transforming agriculture The world population is currently increasing by nearly 83 million individuals a year. It is expected to increase to 9.8 billion in 2050 and reach 11.2 billion by 2100, according to a report published by the United Nations Department of Economic and Social Affairs (2017 Revision of World Population Prospects – June 21, 2017). The rapidly growing global population, …

  • The ideal insurtech stack: new white paper

    April 3, 2018

    Juniper Research, a leading analyst firm in the mobile and digital technology sector, recently released a new white paper entitled A Guide to the Ideal Insurtech Stack, highlighting the critical capabilities every auto insurer needs to consider as part of their digital and process transformation strategy. New insurance products and business models are being brought to market continuously and auto …

  • The many types of telematics-based insurance

    March 7, 2018

    With the majority of millennials interested in a usage-based insurance (UBI) policy, and 84% rating UBI policies as a more fair way to price insurance, telematics represents a major opportunity for insurers. Most US telematics programs offer some variation of a good driving discount program. Telematics can support a much broader range of programs, allowing insurers to profitably enter new …

  • The Urban Future

    March 1, 2018

    The smart cities of tomorrow will be composed of vertical communities Our cities have become hotbeds of technology. Smart city infrastructure is – or will very soon be – connected to intelligent vehicles and millions of mobile devices through the vast capillary network of the Internet of Things. Self-driving vehicles are just around the corner. Telematics projects are being developed to help visually-impaired citizens use …

  • The Next Generation IoT and Telematics Platform [webinar]

    February 16, 2018

    Octo’s Chief Marketing Officer, Jonathan Hewitt and Ovum Principal Analyst Charles Juniper bring you this webinar about the transformative process of building the next generation IoT and telematics platform. During this webinar, you will learn: About Octo’s transformation to the Next Generation Platform (NGP) for Telematics & IoT How we process and analyze data from 5.4 million connected cars every …

  • Green Robotics

    February 12, 2018

    Robot-plant bio-hybrids may ensure the sustainable development of smart cities While, for many, the past will always hold the appeal of a life that was simpler and closer to nature, the progress of science and technology has allowed mankind to significantly extend the lifespan of its species over the course of just a few generations. Illnesses that were once mortal …

  • A Day in the Future

    January 18, 2018

    A look at how telematics will profoundly revolutionise our everyday lives Over the centuries, progress has brought about a net improvement in the quality of our lives, and technology – from the creation of the first wheel to the most recent smartphone – has always been the prime driver of societal progress. Today, technology continues to provide new opportunities to …

  • Octo’s Cletus Nunes addresses the shifting mobility landscape

    January 17, 2018

    Octo’s Cletus Nunes sits down with IoT Time podcast series host Ken Briodagh to talk about the shifting auto insurance landscape. They explore the need for insurers to develop core competencies in data and analytics, how changing mobility habits will impact insurers, and telematics as the foundation for the future of auto insurance. Listen to the full podcast below: