About Octo Telematics

Octo Telematics (Octo) is the number one global provider of telematics and data analytics solutions for the auto insurance industry. Founded in 2002, we invented the insurance telematics industry. Today, we are the largest and most experienced insurance telematics company in the world, providing actionable intelligence to more than 100 business partners. We have 5.3 million connected users and the largest global database of telematics data, with more than 175 billion miles of driving data collected and over 433,000 crashes and insurance events analyzed.

Octo's capabilities span across several technologies, from connected cars to aftermarket sensors to smartphone apps. Octo expertise derives from hundreds of projects all over the world during which, depending on the different market context and on the specific customer strategy, Octo has defined and executed the most suitable strategy and telematics services.

Octo collects contextual vehicle, driver, location and crash data and applies proprietary algorithms to transform it into actionable intelligence. This intelligence informs solutions that benefit both auto insurance companies and policyholders.

Octo's database is continuously made more robust in terms of its risk-assessment capabilities using data collected from our connected users. Each connected user automatically contributes data as he or she drives; this includes vehicle, driver behavior, location, environment, crash and other complex data that we analyze across more than 2,000 combinations of parameters. Using these insights, insurance companies are then able to transform the way they provide solutions in risk assessment, crash and claims, as well as many other value-added services such as emergency call (See Figure 9).

Figure 9. Continuous Innovation in Data Collection, Advanced Analytics and New Value Propositions

Source: Octo Telematics

For more information please contact Us www.octotelematics.com