Octo Telematics announced the release of Glimpse Plus, a digitally enabled telematics service designed to help insurers gather accurate data on driving behavior as well as more detailed crash-detection and claims analysis.
The service also enables consumers to use their smartphone to monitor their driving habits and become safer drivers, according to London-based Octo Telematics.
Citing a Pew Research Center survey showing that 77 percent of Americans own smartphones, Octo Telematics asserted that smartphones “can be a powerful tool in improving driver behavior and road safety, and increasing insurance intelligence for analyzing driver scores, crash detection and reconstruction and more.”
“Based on Octo Telematics’ vast telematics database and position as the largest and most experienced insurance telematics company, the Glimpse Plus solution brings a superior ability to collect quality data – making the telematics offering more accurate than others based on a smartphone alone,” the company said. “A tag sensor, easily installed in the vehicle, connects with the user’s smartphone, making the detection of trip events and data incredibly reliable – even if the smartphone is not in the car. The high-quality sensor allows the usage of Octo’s proprietary algorithm to detect, validate and reconstruct crashes, enabling insurers to reduce their claim cost, as well as providing a better user experience.”
According to Octo Telematics, capabilities of the service include:
- Pairs with smartphone for driver identification and data transmission
- Improves reliability and accuracy of data collection and risk-event detection over smartphone-as-a-device model
- Adds crash-detection, instant FNOL and crash-reconstruction capabilities
- Drastically reduces battery usage over smartphone-as-a-device model
- Detects vehicle trips and events even when the smartphone is not present in the vehicle
“Successful technology adoption is based on quality and value, but also ease of use, all of which we address with Glimpse Plus,” said Nino Tarantino, CEO of Octo North America. “We dedicated a lot of resources and time to create a better, more reliable and easier-to-use telematics solution for the consumer policyholder, and one that also delivers higher quality data for scoring and claims management to the insurance provider. With our fully automated solution, users can simply download the app, connect and go.”