Octo Telematics Publishes Accelerating Digital Transformation in Insurance Newsletter Featuring Gartner Research
Octo will also be in attendance at the Gartner Symposium/ITxpo in
The newsletter focuses on Octo's newly-released insurtech ecosystem, the Next Generation Platform (NGP) and its ability to address common challenges faced by insurers seeking to realize the tremendous opportunities provided by increased digitalization. Insurers are often facing time and resource hurdles in smoothly replacing legacy systems, while also needing to select the right partners and solutions for their business. At the same time, any solution adopted must generate returns within a short space of time and mitigate risks, providing full return on investment. Octo's NGP can support this, and the platform is able to uniquely link the characteristics of a horizontal IoT framework with rapidity and revenue to pre-build vertical use cases, helping insurance companies accelerate their digital evolution.
The newsletter examines aspects of the NGP such as:
- Enabling insurers to move from a traditional approach to real, data-driven big data analytics and scoring
- Its breadth of service and sensors
- Profiling drivers through the 'driver genome'
- AI for crash validation and reconstruction
- CRM service on cloud and digital
The newsletter can be accessed here.
Gartner clients can access this link for the âHow to Achieve Digital Business Excellence by Mastering Pervasive Integrationâ report.
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ENDS
Notes to editors
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About Octo Telematics
Octo is the number 1 global provider of telematics and data analytics solutions for the auto insurance industry. Founded in 2002, Octo is one of the pioneers of the insurance telematics industry. Today, Octo is the largest and most experienced insurance telematics company in the world, transforming auto insurance through behavioral, contextual and driving analytics for more than 100 insurance partners.
Octo has more than 5.3 million connected users and the largest global database of telematics data, with over 175 billion miles of driving data collected and 433,000 crashes and insurance events analyzed (as of 30
Octo applies proprietary algorithms to this market-leading database to deliver powerful new insights into driver risk, informing solutions that benefit both auto insurance companies and policyholders.
The company is headquartered in
For more information, please visit:http://www.octotelematics.com/
View source version on businesswire.com: http://www.businesswire.com/news/home/20171106005671/en/
Octo Telematics
[email protected]
Source: Octo Telematics
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