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Octo Telematics Ltd in Commercial Vehicle Telematics Solutions

  • Rome, Italy
  • 2002
  • $101MN to $500MN
Company Overview
The insurance telematics solutions help insurance companies in easy claims processing. Octo Link Program, a cross-business platform for secure distribution of driver telematics data, reduces claims costs and increases customer value proposition. Octo Telematics also provides professional services to support solutions. Furthermore, Octo Telematics acknowledges upcoming ELD mandates. Octo Telematics also has a free mobile app for tracking journeys, connecting drivers, and calculating driving scores.
USP

Octo Telematics provides its personalized insurance solutions to auto industry players and fleet companies. These solutions feature driver assistance, driver analytics, personalized driving logs, theft prevention, stolen vehicle tracking, crash notification, and claims management services.

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Octo Telematics Ltd Presence in Commercial Vehicle Telematics Solutions
Octo Telematics has devised the strategy of reaching out to customers across the globe with the help of channel partners and OEMs. The company has more than 60 insurance partners and 5 million connected users worldwide. Octo Telematics has a regional presence in Europe with offices in Boston, Rome, London, Stuttgart, Madrid, and Sao Paulo. The company has a strong portfolio of insurance telematics and driver safety solutions, and it focuses on partnerships with insurers and manufacturers. For instance, the company has many automotive partners, including Subaru (Japan), Toyota (Japan), Benz (Germany), Fiat (Italy), BMW (Germany), Daimler (Germany), Opel (Germany), Skoda (Czech Republic), General Motors (US), and Honda (Japan). Its insurance partners include The Hartford (US), Hastings Direct (UK), Allianze (Germany), Admiral (UK), AXA (France), Amaline Assurances (France), Deutsche Assistance (Germany), Insure the Box (UK), La Parisienne (France), Mapfre (Spain), Oakhrst (US), OK! Teleseguro (Portugal), and OSA (US).