Category: Carrot News

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1st July 2019

The latest snapshot on young driver safety around the world

The safety of young and newly-qualified drivers has always been one of Trak Global Group’s core focusses, as evidenced through our Carrot Insurance business’ seven years at the forefront to date. With our primary global markets now experiencing the fullness of summer, which organisations including the AAA Foundation for Traffic Safety have periodically described as… Read more

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4th June 2019

Carrot Insurance comments on government IPT consultation

Commenting on the government’s announcement that it has published its consultation into insurance premium tax (IPT), Ed Rochfort, managing director of Carrot, which insures young drivers said: “We have been expecting this consultation since the Chancellor announced a review in his Spring Statement. While we welcome the review, we were hoping to see the terms… Read more

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25th September 2018

Carrot Insurance named in Insurance Age Top 50 Brokers

Carrot Insurance has been named one of the UK’s top 50 insurance brokers. The accolade comes from Insurance Age, a leading online insurance publication. Ed Rochfort, MD of Carrot Insurance: “It is fantastic to be recognised as one of the top 50 brokers in the UK. Telematics plays an increasingly large role in personal lines… Read more

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19th July 2018

How can fleet managers keep young at-work drivers safer behind the wheel?

Today’s fleet managers are ever more aware of and alert to the duty of care their personnel deserve and the increased penalties attracted under corporate culpability, at-work driving including grey fleet drivers and occasional journeys. Fleet drivers are often thought of as being older, so it’s very encouraging that road safety charity Brake has published… Read more

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29th March 2018

Trak Global Group launches Carrot Insurance’s New Driver in Canada

Trak Global Group, the UK’s leading telematics technology company, has launched a Carrot-branded young driver product in Canada. The smartphone app based product “Drive with Carrot”, is being exclusively distributed via InsureMy Inc., a Calgary-based insurance broker, who are a market leader in the management and delivery of data based insurance products (motor insurance is… Read more

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11th December 2017

Carrot wins ‘Claims Partner of the Year – Motor’ at Insurance Times awards

Carrot, the rewarding insurer for young drivers, has won the Insurance Times ‘Claims Partner of the Year – Motor’ award, for its work with Zurich Insurance. The Crewe-based company, which is part of the Trak Global Group, has had a strategic partnership with Zurich since 2012. Tim Spreadbury, Carrot’s Head of Claims said: “We are… Read more

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20th November 2017

Trak Global partners with Giftcloud to reward good drivers

Trak Global Group (TGG), the UK’s number one telematics technology company, has signed a new partnership with leading digital rewards platform Giftcloud for its young driver brand Carrot, enabling the brand to offer their customers an unrivalled choice of rewards. Carrot MD Ed Rochfort said customers for their New Driver and Better Driver products will… Read more

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9th August 2017

Trak Global announces financing deal and restructuring

Trak Global Group (TGG) has announced a senior debt financing deal with HSBC and a new group structure, as the UK’s leading telematics and UBI (usage-based insurance) provider positions itself for the next phase of growth, which includes turning its attention to Europe and North America. TGG chief executive Nick Corrie explained that the new… Read more

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8th March 2017

Carrot Insurance becomes member of the IFB

Carrot Insurance, part of Trak Global Group, has become a member of the Insurance Fraud Bureau in a move that will see both parties sharing data with one another. Carrot Insurance will now use IFB products to prevent application fraud and will provide the bureau with data to identify insurance crime. By using the IFB’s application fraud… Read more

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2nd December 2016

Trak Global caps record year with two more awards

High-flying telematics technology company Trak Global Group has rounded off a stellar 2016 by picking up two more insurance industry awards. At the Insurance Times annual awards dinner, in London on 1 December, the fast growing business was awarded Customer Champion of the Year and Excellence in Motor Broking, both for its Carrot young driver… Read more