KORE to Provide Connectivity for Intelligent Telematics Partnership

ALPHARETTA, Ga.--(BUSINESS WIRE)-- KORE, the world’s largest managed wireless network services provider specializing in Machine-to-Machine (M2M) communication and the Internet of Things (IoT), today announced its involvement in a new partnership between Intelligent Telematics and Commercial Hirecar Insurance Company, RRG (CHIC). The new partnership between Intelligent Telematics and CHIC represents the commitment of both companies to accident reduction and a greater synergy between the telematics/video and insurance industries. Within this new partnership, KORE will be providing network connectivity to Intelligent Telematics’ IT1000 device.

Intelligent Telematics’ IT1000 3G vehicle camera is a forward facing camera that possess a built in battery back-up and 3G modem, ensuring that any accident footage is captured and transmitted from the device within moments of an incident happening, even if power is lost during the incident.

“This new alliance between ourselves and CHIC represents a huge step forward in the future of camera technology and insurance claims reduction,” said Richard Baxendale, President, Intelligent Telematics. “Our IT1000 device will not only reduce claims ratio and cost of insurance, but will also enable CHIC to offer its new and existing clients even better terms than they currently enjoy.”

“We had been looking at various devices as we were preparing to roll out our new Taxi and Limousine insurance products; however, we couldn’t find a device that had the speed of reporting or anywhere near the functionalities that the IT1000 offers us,” added Michael Poller, president and founder, Commercial Hirecar Insurance Company, RRG. “We were extremely impressed with Intelligent Telematics’ device and decided to roll this out as part of our campaign that we have just launched in New Jersey and will follow in several other states including Tennessee, Florida and Pennsylvania.”

“With the pay-as-you-drive insurance model becoming more of a focal point with insurance companies and drivers, KORE is happy to be a driving force behind the success and implementation of this partnership,” said Dan Cebula, regional sales manager, KORE.

To learn more about what KORE can do to meet and exceed your connectivity needs, please contact 1-877-710-KORE or email [email protected]

About KORE
KORE provides the connectivity and services that make the Internet of Things possible. Founded in 2003, KORE is the worlds’ largest managed network services provider specializing in Internet of Things (IoT) and Machine to Machine (M2M) markets. KORE provides the critical wireless connectivity empowering application, hardware and wireless operator partners to rapidly bring new IoT and M2M innovations to market, with millions of active on-network units in more than 110 countries. KORE delivers choice, reliability and global native coverage through multi-carrier and Tier 1 carrier cellular and satellite network services – including LTE, GSM and CDMA - as well as advanced applications to easily manage IoT connected devices. KORE Position Logic software provides seamless location-based services (LBS) for businesses. For more information, visit www.koretelematics.com, read the KORE blog and connect with KORE on LinkedIn, Google+, Facebook, Twitter, YouTube and Vimeo.

About Intelligent Telematics
Intelligent Telematics is the world leader in video telematics with unrivalled speed and accuracy of data, tested over millions of miles and installed in thousands of vehicles globally the IT1000 device is proven to reduce claims ratio’s by over 40% and claims costs by an additional 40%. Once deployed the device gives complete fleet visibility with instant access to video and telemetry data allowing the fleet owner to immediately react to potential risk to their vehicle and employees.

For more information call 305-714-9344 or email [email protected] www.intelligent-telematics.us

About Commercial Hirecar Insurance Company, RRG.
Commercial Hirecar Insurance Insurance Company, RRG. (CHIC) is a leading provider of commercial auto insurance to the taxi, limousine and rideshare industry. By selling direct to the consumer, providing web enabled policy access, and following strict underwriting guidelines CHIC is able to deliver prices 15-20% lower than regional competitors. Utilizing an online insurance platform tailored to the for-hire vehicle industry CHIC continues to expand offerings throughout the United States.

For more information, visit https://chicinsurance.com/ or call 877-334-2442.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160301005346/en/

MSLGROUP Boston

Rob Skinner or Maggie Fairchild, 781-684-0770

[email protected]

Source: KORE