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.
10th October 2016Drive & Win choose ebroker as a technology partner in Spain
A Spanish Insurance news publication has reported on our new collaboration with technology partner, Ebroker. Here is the link to the original news article and below is a translated version. Drive & Win was born in 2012 in the UK under the name of Carrot Insurance , part of Trak Global Group. As reported by the entity: “…this business model, which… Read more
5th October 2016Company vehicles, Christmas presents and the fight against high-tech criminals
Despite overall vehicle theft across the UK having fallen over the last couple of decades, the latest figures released by the police identify a concerning increase in reported car thefts, which have risen 8% in the year to March 2016, notably in London. When it comes to the most-stolen models in the UK, the National… Read more
27th September 2016Trak Global Group has been shortlisted for two prestigious insurance industry awards
The Crewe-based technology and insurance company’s Carrot Brand is a finalist in the Customer Champion of the Year category as well as the Excellence in Motor Broking Award, for leading trade paper Insurance Times. Chief executive Nick Corrie said he was delighted Carrot was getting recognition from the insurance industry: “During the past two years… Read more
27th September 2016ADAS are turning some drivers into autonomous humans
Let’s be honest, so many of us are dependent on technology, especially smartphones, and as much as I’m hungry for progress, it’s fair to say that artificial intelligence is replacing human intelligence in certain ways. Handwriting is becoming less neat, the art of letter-writing is fading away, navigating using a map or road atlas is… Read more
27th September 2016Carrot Insurance wins marketing and engagement award at the UK Broker Awards 2016
Carrot Car Insurance, one of Trak Global Group’s top brands, won the Best Marketing and Customer Engagement accolade at the UK Brokers Awards Ceremony held at The Brewery in London. Carrot is regarded as one of the most innovative, customer-centric providers in the young driver User Based Insurance market. Much of their focus is placed… Read more
25th September 2016Mental health, fleet drivers and the positive role organisations can play
Earlier this year, a spotlight was quite rightly shone on obstructive sleep apnoea syndrome (OSAS), a joint survey1 of 500 UK firms by RAC Business and the OSA Partnership Group finding that one in ten drivers, especially the professional and commercial, are affected by the condition. Approximately one fifth of accidents on main roads and… Read more
18th September 2016Why do company cars remain the most desirable perk and are employees expecting too much?
In the ‘2015 Report on Company Motoring’ from Lex Autolease, a major fleet management and funding specialist, it was identified that company cars play a prominent role in talent recruitment and retention. After crunching feedback from just shy of 250 fleet managers, over 1,000 employees and in excess of 300,000 vehicles, Lex reported that 64%… Read more
12th September 2016The pros and cons of Russian doll car design
Moseying through the continuous stream of images from the Paris Motor Show 2016, a torn feeling I sometimes wrestle with reared its head again, especially after clapping eyes on Audi’s RS3 saloon. What troubles me is that many car manufacturers’ model line-ups have become considerably homogenised in recent years. To put it candidly, they’re starting… Read more
9th September 2016Trak Global ranked one of the UK’s fastest growing technology companies
Trak Global Group has been ranked in the top 50 fastest growing privately-owned UK technology companies in the Sunday Times Tech Track 100, which will be published this weekend. The telematics and young driver insurance provider, based in Crewe and founded in 2009, is 49th and appears in the table for the first time. Chief… Read more
8th August 2016How telematics will help ease the UK’s congestion problem
By the year 2030, traffic congestion in the UK is predicted to rise 63% compared to late-2014 levels and cost the economy over £21 billion, according to a joint study by INRIX and the Centre for Economics and Business Research1. Drilled down to a more localised level, the Greater Birmingham Chamber of Commerce reckoned not… Read more
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- Trak Global Group has acquired Intelligent Mechatronic Systems Inc (IMS), North America’s leading insurance telematics business
- 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
- What factors influence the business case for EV adoption?
- Are fully-autonomous vehicles really likely to feature on public roads soon?