Octo Telematics in North America has grown rapidly and very successfully and we are committed to invest and consolidate the leadership role in a very strategic market for Octo Telematics Group.
Newton, MA (PRWEB) June 05, 2014
Octo Telematics North America, the North American leader in insurance telematics, was awarded the “Best Insurance Telematics Product or Service Launch” at the 2014 Telematics Update Awards Ceremony on June 3rd at the Hyatt Place Detroit in Novi, MI.
In just over two years, Octo Telematics North America has been selected to launch UBI products with some of the largest P/C insurers in both the United States and Canada. Ten of Octo’s partners programs are today in full-scale production. Unlike others in the industry, each program supported by Octo is unique to the insurer’s individual needs and is customized using Octo’s proven infrastructure.
“This award recognizes the service we provide to our insurance partners as they launch full-scale production telematics products and to the reliability and security of Octo’s platform,” said Nino Tarantino, CEO, Octo Telematics North America. “None of this would have been possible without the support of our dedicated teams in Boston, San Diego, Montreal and Rome. This is not just an award for Octo Telematics North America, this is an award for all Octo teams around the world.”
“Being awarded for Best Insurance Telematics Product or Service in the US Market is a great source of pride for Octo. We are honored to receive this recognition from Telematics Update,” said Fabio Sbianchi, CEO, Octo Telematics Group. “It is a testament to the quality of service we have provided around the world for more than 11 years which, today, serves nearly three million active customers in more than 20 countries.” Sbianchi continued, “Our North American presence has grown rapidly and organically and we are committed to investing in this very strategic market for Octo Telematics Group.”
About Octo: With over two and a half million active customers, and offices and partners throughout the world, Octo Telematics is an advanced Telematics Service Provider (TSP) to more than 120 outstanding insurance partners, carmakers and rental companies. Founded in Rome in 2002, Octo’s award winning services have achieved widespread acceptance, recently adding more than 151,000 additional new customers each month and recording, processing and storing more than 72,000 data points every minute. With over 110 Billion data points, Octo maintains the world’s largest insurance telematics statistical database. Through its joint venture with Directed, the largest designer and marketer in North America of consumer-branded vehicle security and remote start systems, Octo brings to insurers extensive experience with infrastructure, device logistics, installation and client care, enabling best-in-class support across the U.S. and Canada.
Contact: Mike Gabardi, +1 978-360-9747 mike(dot)gabardi(at)octotelematics(dot)com