The newly expanded Group will connect over half a million vehicles, have revenues of over $50m and employ around 300 people, a third of whom are based in North America. The move will also see the Group realign all its international activities within connected insurance under the IMS brand, and its services to the mobility market under the Trak Global brand.
4th June 2019Carrot 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
29th May 2019Environmental, technological and other influences shaping the world of motorcycles as electric bike development accelerates
Although consumer motoring and fleet media predominantly focus on plug-in hybrid and electric cars, motorcycles very much remain a popular method of mobility throughout the world, so we discuss the latest market trends as emissions regulations, battery power and other forces rapidly shaping the car and van markets also permeate the two-wheeled sector. The current… Read more
22nd May 2019The interaction of autonomous vehicles with their surroundings – what do the present and future look like?
With Elon Musk aiming for fully-autonomous ‘level 5’ Tesla models to be on the road as soon as next year1 – and with the UK government recently having expressed the wish to see “self-driving cars on our roads by 2021… on any road provided they are compliant with UK law”2 – autonomous vehicles (AVs) imminently… Read more
6th May 2019Are traditional contract hire leases being phased out by short-term vehicle rental solutions?
A significant proportion of headlines and thought leadership commentary in leading fleet publications in recent weeks certainly paint a similar picture – that of the demise of traditional contract hire leases which, for the past couple of decades or so, have typically seen company car drivers keep the same vehicle for three or four years…. Read more
2nd May 2019Trak Global Group celebrates triple shortlisting for prestigious international awards
Trak Global Group (TGG), a leader in telematics-enabled insurance and mobility solutions, has been selected as a 2019 finalist in two key industry awards, including multiple instances in the same category: 2019 Insurance Times Claims Excellence Award – for which TGG’s Claims as a Service (CaaS) offering is a contending finalist for the Claims Service… Read more
25th April 2019What factors influence the business case for EV adoption?
While private motorists and indeed SMEs may take a more flexible, short-term approach, businesses and organisations with larger fleets of vehicles typically make longer-term decisions, an increasingly pertinent one being whether to embrace electric vehicles (EV) now or to wait. Although certain OEMs continue to invest in diesel and petrol, with BMW1 quite rightly citing… Read more
16th April 2019Are fully-autonomous vehicles really likely to feature on public roads soon?
It’s fair to say that various facets of autonomous or ‘driverless’ cars and other vehicles, from their capabilities to the time-scales involved in consumer availability, continue to cause a degree of confusion, which is in many ways no surprise. Is semi-autonomous technology misunderstood? Firstly, with systems1 like Audi’s Traffic Jam Pilot and BMW’s Traffic Jam… Read more
11th April 2019Internal combustion engine developments of cheer for fleets and others not suited to plug-in adoption
Despite encouragement to switch to plug-in hybrid or fully-electric cars coming from all angles these days, it still remains an unfeasible move for various company car fleets and private motorists, for reasons ranging from annual mileages covered and vehicle affordability to the practicality limitations of charging. Fortunately, certain OEMS are continuing to devote considerable resources… Read more
8th April 2019Emerging last-mile delivery and mobility solutions – the benefits and challenges
The term ‘last-mile’ used to primarily be associated with supply chain logistics, deliveries and other commercial operations, essentially referring to a product or service’s final journey to end customers. As wide-ranging automotive, environmental, governmental and other bodies strive to clean up the environment and enrich people’s lives through ever-improving mobility, ‘last-mile’ has also become an… Read more
4th April 2019Amidst the plug-in obsession, do niche alternative fuels like CNG have a future?
While plug-in hybrid electric vehicles (PHEV) and pure EVs tend to dominate automotive news and discussions, their adoption will remain unfeasible for swathes of society for at least a good few years, until prices match or perhaps even eventually undercut internal combustion engine models, rural recharging infrastructure improves and other factors become more conducive. Even… Read more
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- Trak Global Group has acquired Intelligent Mechatronic Systems Inc (IMS), North America’s leading insurance telematics business
- Carrot Insurance comments on government IPT consultation
- Environmental, technological and other influences shaping the world of motorcycles as electric bike development accelerates
- The interaction of autonomous vehicles with their surroundings – what do the present and future look like?
- Are traditional contract hire leases being phased out by short-term vehicle rental solutions?
- Trak Global Group celebrates triple shortlisting for prestigious international awards