Cambridge Mobile Telematics (CMT) and Aioi Nissay Dowa Insurance (ADI), a global insurance company, have formed a strategic partnership to bring a behavior-based telematics program to Japan.
Financial terms of the partnership have not been released.
CMT pioneered behavior-based insurance with smartphones and has seen successful deployments with customers and partners in North America, Europe, Africa and Asia. CMT’s DriveWell is a complete telematics and behavioral analytics solution designed to improve safety for the connected car world. It provides insights on driver behavior and vehicle dynamics to auto insurers, vehicle fleets, auto makers, wireless carriers and government agencies.
ADI has started to use Visual Drive, a customized version of DriveWell, for its company vehicles. Visual Drive allows drivers to monitor hard braking, abrupt acceleration, hard cornering and phone movement for every trip taken while having very limited impact on battery life. Each trip is logged and trip summaries are displayed with mapped routes complete with identified events and an overall trip score.
Source: Cambridge Mobile Analytics