Category: Insurance Solutions

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21st October 2019

Road usage charging to solve our transportation funding dilemma

Dr Ben Miners, Chief Innovation Scientist at IMS (a Trak Global Group company) Surface transportation is essential to our economy, both within the UK and globally, to enable the flow of goods and services. While our surface transportation infrastructure is pervasive, or perhaps because it is pervasive, its funding and maintenance is rarely considered by… Read more

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27th September 2019

Carrot Insurance wins ‘Best Customer App’ at Insurance Times Tech & Innovation Awards

Carrot Insurance, part of Trak Global Group, has won the ‘Best Customer App’ at the Insurance Times Tech & Innovation Awards in recognition of its Better Driver app. The judges highlighted Carrot’s focus on ensuring an outstanding customer experience whilst delivering significant loss ratio benefits for its insurer partners. The Better Driver app, built by… 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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12th December 2017

The escalation in ‘relay’ vehicle theft is a concern for rental and other fleets, but simple deterrents along with more advanced solutions will hopefully result in a decline

Much to the delight of scores of private and business motorists, most manufacturers offer keyless entry for some or all of the models in their ranges, with 95% of European car brands, for example, featuring the technology. ‘Smart key’ entry can be traced back to the early nineties when the Chevrolet Corvette boasted an early… 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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23rd November 2017

Trak Global urges credit hire companies to embrace telematics or be left behind

Telematics offers credit hire companies (CHCs) a growing number of efficiency and risk management options, according to Nick Street, insurance solutions and claims manager at Trak Global Group, the UK’s number one telematics technology company. Nick was guest speaker at the Credit Hire Organisation (CHO) annual conference near Coventry, on 8 November. He briefed delegates… 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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19th October 2017

MINI signs up Trak Global Group for insurance adventure

New MINI One customers will be offered a year’s inclusive insurance in a new deal signed with Trak Global Group. The UK’s largest telematics technology company has begun a new ‘proof of concept’ arrangement with BMW Financial Services (GB) Limited, starting in October 2017. According to Ed Rochfort, who heads up Trak Global’s Insurance broking… Read more

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1st September 2017

Trak Global technologies help police swiftly recover a stolen prestige vehicle

Until more recent times it wouldn’t be uncommon for a car owner to be unaware of the exact time at which their vehicle was stolen if the theft occurred during the night. Much head-scratching would typically ensue, the driver plus any other occupants or neighbours trying to recall if they heard anything and subconsciously remember… Read more

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3rd April 2017

A snapshot of what’s hot in the world of InsurTech

Except for a tiny minority of Luddite voices with sentiments to the contrary, more or less everyone has seen technology enhance their lives in one way or another, from household chores and booking travel tickets made easier to entertainment brought closer and admittedly blander things like banking made more engaging. If The Fast Show’s Paul… Read more