Octo Telematics is expanding how auto insurance customers can buy its telematics tech. BOLT Solutions, Inc. teamed up with LexisNexis Risk Solutions to simplify how insurance can be purchased. Lockton beefed up its cyber coverage for lawyers and firms with one to 19 attorneys.
Octo Telematics has expanded how auto insurance customers can purchase its telematics tech.
The UK-based firm said that Autonet, a digitally-focused insurance broker specializing in bike, car and van insurance, will offer car buyers the option of telematics car insurance policies and Octo technology and analytics at the point of sale through its car dealership network partners.
Autonet will connect to Octo’s Next Generation Platform, a system designed to facilitate the growth of the connected car and insurance technology market by offering access to telematics data and analytics plus products and services of other platform members. The platform was designed to improve the usuage-based insurance experience for both consumers and insurers.
Autonet is the first major insurance partner to be fully-connected to Octo’s Next Generation Platform. The company works with more than 30 insurance companies, including Aviva, Ageas, Liverpool Victoria and AXA, and will provide competitive usage-based insurance policies to consumers opting for Octo’s telematics devices at dealerships.
BOLT Solutions, Inc., maker of an online distribution and customer support platform for the property/casualty insurance industry, has teamed up with LexisNexis Risk Solutions to simplify how insurance is purchased.
BOLT’s partnership with LexisNexis Risk Solutions, a provider of data, analytics and technology, will focus on simplifying and quickening the consumer and agent quotes process. There will also be work on improving quote-to-completion rates.
BOLT said it will use LexisNexis products such as the company’s Data Prefill option – which provides consumers’ driver’s license numbers, VINs and other data points – to more easily fill in information on the BOLT Platform’s online automobile insurance application and help improve customer experience.
Lockton Affinity Lawyer added CyberLock Lawyer to its portfolio of products for lawyers and firms with one to 19 attorneys.
The CyberLock Lawyer cyber risk insurance policy protects firms and attorneys from cyber risks, such as confidentiality and privacy breaches, computer system disruptions, hackers, fraudulent funds transfers, malware, extortion and ransomware. CyberLock Lawyer works in tandem with Lockton Affinity lawyer’s professional liability insurance, matching the prior acts date to bridge any gaps in coverage.
The Lockton Affinity Lawyer’s Cyber Risk Insurance has no sublimits of coverage, and gives policyholders access to an incident response panel of legal, information technology, fraud resolution and public relations experts. The panel provides attorney-client privilege for any incidents and claims. The application includes just three questions.
Lockton is the exclusive program administrator for the Swiss RE Lawyers Insurance Program in California, Kansas, Missouri and Texas,
Lockton Affinity, an affiliate of Lockton Companies, specializes in the insurance needs of affinity groups, non-profits, associations and franchises, serving a wide array of industries ranging from small business, financial institutions and franchise businesses to fraternal organizations and common-cause groups.
Sources: Octo Telematics, BOLT and Lockton