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(Telematics Update) M2M UBI solutions and the rise of collaborative business models

The relationship between insurers and car manufacturers was once of peaceful coexistence. Sure, there was the occasional tension over whether immobilizers or anti-crash systems should become standard equipment in cars. But, by and large, the two sectors got along and even collaborated on the occasional joint study into car safety.

Machine-to-machine (M2M) communications have been on all the mobile network operators’ agendas for the past two years, and the race to provide integrated, industry-specific solutions is now under way. But the development of these solutions is very demanding. Collaboration within the M2M ecosystem can reduce development and product launch time enormously. It also makes new business models possible.

The consumer electronics industry has trained consumers to crave novelty, selection and personalization – and consumers will pay a premium for it.
In-vehicle Infotainment (IVI) systems need to step up to this challenge.

In this video from Insurance Telematics Europe 2013, Paul Middle, head of telematics, RSA Group, talks to TU's Jan Stojaspal about the six long years it took his company to get an insurance telematics product right. That product uses advanced telematics to build a picture of a driver’s individual style and to reward drivers with biggest improvements over time. It is now available in partnership with ingenie, the car insurance brand for drivers aged 17 to 25. But two previous products – one that was curfew-based, another that emphasized eco-friendliness – failed.

In this week’s Brief: RealVNC, Texas Instruments, Volvo, Thatcham, Trimble, AT&T, SiriusXM Radio, AudioVox, TomTom, BlackBerry, BMW, Chargemaster, DriveFactor, Admiral Group, ABI Research, QNX Software, Microsoft and GENIVI.

Telematics Munich is Europe's largest and most influential business conference & exhibition for the connected car industry. In 2012 over 750 executives attended along with more than 100 industry pioneers speakers. Telematics Munich is the one event that you cannot afford to miss each and every year!

Insurance Telematics USA is the place where insurers and the telematics community converge to develop strategic partnerships and overcome industry challenges as UBI reaches mass-market tipping point. Insurance Telematics USA is the one event that you cannot afford to miss each and every year!


Charlotte Wright 
Marketing Manager 
Telematics Update 
cwright@telematicsupdate.com 
+ 44 (0)2073757517 
 
 
 
 
FROM:Telematics Update