BOLOGNA, Italy & CAMBRIDGE, Mass.–(BUSINESS WIRE)–Jul 28, 2021–
Linear Assicurazioni (Unipol Group’s direct insurance coverage model) is partnering with Cambridge Cellular Telematics (CMT), bringing collectively the world’s largest usage-based insurance coverage (UBI) group and the worldwide chief in cell telematics to launch the primary Attempt-Earlier than-You-Purchase program for Italian drivers.
This press launch options multimedia. View the complete launch right here: https://www.businesswire.com/news/home/20210727006022/en/
Since beginning the primary telematics program in 2005, Unipol has develop into the most important supplier of telematics-based insurance coverage insurance policies, with greater than 4 million UBI clients in the present day.
Linear Assicurazioni, Unipol Group’s direct insurance coverage model, introduced in the present day the launch of “ Linear Drive&Save ”, a mobile-only program that invitations drivers of all ages to reveal how safely they drive and obtain as much as a 15 p.c low cost on their automobile’s insurance coverage coverage.
The venture has been developed with the technical assist of Leithà, Unipol’s resolution manufacturing unit that focuses on information science and laptop science.
The Linear Drive&Save app makes use of CMT’s DriveWell cell sensing expertise; it’s straightforward to make use of and runs within the background after preliminary setup. The app collects driving habits for 5 weeks, figuring out and measuring dangerous occasions like rushing, exhausting braking, speedy acceleration, and telephone distraction.
Leveraging Unipol’s experience in telematics insurance coverage, Leithà analyzes this smartphone information and builds a novel danger profile for every driver. After the evaluation interval, drivers obtain a reduction to purchase a brand new Linear automobile coverage, primarily based on how safely they drive.
CMT is the most important cell telematics supplier – each month CMT analyzes billions of miles traveled by hundreds of thousands of drivers across the globe. With essentially the most correct information, the DriveWell platform measures distraction and different harmful driving behaviors utilizing a telephone’s sensors.
“We’re delighted to work with CMT, their experience and technical capabilities demonstrates cell telematics is a promising resolution for the Italian insurance coverage market”, says Andrea Rapetti, CEO of Linear Assicurazioni. “The Linear Drive&Save app permits good drivers to reveal they should pay much less for his or her automobile insurance coverage.”
“We’re excited to companion with Unipol’s Linear to create Italy’s first behavior-based low cost program,” mentioned William Powers, founder and CEO of CMT. “Unipol is a trailblazer in related insurance coverage and CMT is the right companion because of our historical past of pioneering improvements, decade-long expertise, and huge scale.”
The brand new Drive&Save app is out now and may be downloaded on iOS or Android by any driver in Italy.
Extra data may be discovered https://assicurazione.linear.it/driveandsave.
About Cambridge Cellular Telematics
CMT is the world’s largest smartphone telematics supplier, powering greater than 70 enterprise packages in 20 nations. Based in 2010 primarily based on MIT analysis, our expertise serves a number of million drivers by way of our partnerships with main insurers, rideshares, mobile carriers, private security firms, and automakers. CMT’s telematics platform measures driving habits to empower driver enchancment and scale back danger, offers immediate crash alerts and roadside help to drivers in want, and creates a clean and environment friendly related claims course of. CMT’s headquarters are in Cambridge, with workplaces in Milan, Seattle, Tokyo, Chennai, Budapest and London.
To study extra, go to www.cmtelematics.com.
About Unipol Gruppo S.p.A.
Unipol is among the greatest insurance coverage teams in Europe and the main firm in Italy within the non-life insurance coverage sector, (particularly within the MV and well being companies), with complete premiums of roughly €12.2bn, of which €7.9bn in non-Life and €4.3bn in life (2020 figures).
Unipol adopts an built-in supply technique and covers your complete vary of insurance coverage and monetary merchandise, working primarily by way of the subsidiary UnipolSai Assicurazioni S.p.A, Unipol Gruppo S.p.A. is listed on the Italian Inventory Alternate, go to www.unipol.it/en.
About Linear Assicurazioni
Linear Assicurazioni, established in 1996, is the net Unipol Gruppo S.p.A. firm that specialises within the sale of insurance coverage merchandise over the telephone and on-line. Linear provides customised charges, adjusted to replicate the a number of traits of the policyholders and their autos, including a service that makes use of trendy expertise and extremely skilled brokers. Direct premium earnings: €184,2m, 4th largest direct firm in Italy. To study extra, go to https://www.linear.it/
Leithà is the Group’s “resolution manufacturing unit” targeted on maximising the worth of the huge amount of information held by the Group. Leithà intensively makes use of algorithms and progressive computing-based options, as a way to achieve and keep a aggressive benefit over opponents and sustain with a unbroken altering market. To study extra, go to https://leitha.eu/
View supply model on businesswire.com:https://www.businesswire.com/news/home/20210727006022/en/
CONTACT: CMT Press Workplace
Cellular: +39 331 5204116
Unipol’s Group Press Workplace
Cellular: +39 051 5077705
KEYWORD: EUROPE UNITED STATES ITALY NORTH AMERICA MASSACHUSETTS
INDUSTRY KEYWORD: PROFESSIONAL SERVICES DATA MANAGEMENT AUTOMOTIVE OTHER AUTOMOTIVE TECHNOLOGY INSURANCE SOFTWARE
SOURCE: Cambridge Cellular Telematics
Copyright Enterprise Wire 2021.
PUB: 07/28/2021 01:00 AM/DISC: 07/28/2021 01:01 AM