Trak Global Group [‘TGG’], one of the world’s leading telematics technology companies with operations in the UK, Europe, and North America, has appointed Nino Tarantino CEO of IMS (Americas). The hire is a key next step in TGG’s rapid-growth strategy in North America. It follows the company’s December 2018 acquisition of IMS, a top-three telematics business in North America and, in September this year, investment into the Group of over 50m USD from Three Hills Capital Partners.
IMS, the insurance solutions arm of TGG, provides complete end-to-end solutions that enable insurers and their customers to benefit from usage-based insurance (UBI) and extract value from telematics data right across the value-chain – from customer acquisition and risk management through rewards, customer engagement and claims.
Reporting to Bob Skerrett, CEO for IMS’s insurance solutions division on a global basis, Tarantino will drive the company’s growth in the North American market. He brings more than two decades of experience in the global telecommunications industry, chiefly growing companies and developing strategic business operations, and comes to TGG with a recent track record in insurance telematics.
Most recently, Tarantino was the CEO of Octo Telematics North America. He has won numerous awards, including 2018 Influencer of the Year at TU Automotive Detroit. Prior to Octo, Tarantino held leadership roles in the global telco and space industries with Telecom Italia, Iridium, the first satellite phone company, and others.
“We are in extremely good hands with Nino accelerating our growth plans for North America,” said Nick Corrie, Group CEO and founder of TGG. “Nino’s appointment is a critical move in our plan to exponentially increase our global scale and, specifically, grow our North American presence. He brings unprecedented experience innovating and building connected, data-driven technology solutions for the insurance industry, and we know he is the right leader to deliver further success for our company and its customers.”
“I have been privileged to build a record of success in the insurtech space as it dynamically changes the landscape for insurance carriers and their policyholders,” said Nino Tarantino. “The opportunity to join TGG at such an exciting point in its growth story was one I was delighted to accept. The company has delivered outstanding results and built incredibly strong partnerships with its customer base. I look forward to putting my experience into practice as we embrace the next chapter.”
About Nino Tarantino
Nino Tarantino joins IMS as CEO (Americas) after serving as CEO of North America for Octo Telematics from 2011- 2018. An insurance telematics industry leader, having grown the company from inception to more than $70M, Nino was named Influencer of the year at the 2018 Telematics Detroit Awards.
Born in New York and raised in Naples, Italy, Nino earned his Master’s in Telecommunications Engineering in Rome and began his career with Telecom Italia. He later held management positions with Iridium, Anoto/Ericsson and Acotel. Today, Nino lives in Boston with his family of five, yet remains a devoted Napoli soccer fan. To learn more about his career and accomplishments: linkedin.com/in/ninotarantino
About Trak Global Group (TGG)
Trak Global Group (TGG) is the UK-based holding company and owner of IMS (Insurance & Mobility Solutions), a global provider of connected car solutions, services, and analytics for insurers, mobility operators and governments, and Carrot Insurance (Carrot), a B2C telematics insurance broker in the UK and digital insurance platform available to insurers internationally. More info at www.trakglobalgroup.com
About IMS (Insurance & Mobility Solutions)
IMS (Insurance & Mobility Solutions), part of Trak Global Group (TGG), is a global provider of connected car solutions, services, and analytics to insurers, mobility operators, OEMs and governments. IMS is the developer of the cloud-based IMS DriveSync® connected car platform which has received industry acclaim for its ability to offer customers a data source-agnostic, multi-device strategy through which a multitude of B2B and B2C propositions to be taken to market. More info at www.ims.tech.
About Carrot Insurance (Carrot)
Carrot Insurance (Carrot) is a wholly-owned subsidiary of Trak Global Group (TGG). In the UK, Carrot is an award-winning B2C telematics insurance provider, but the underpinning platform has now been made available internationally to enable any organization seeking to take a UBI proposition to market to do so quickly and with a high degree of configurability. By using feedback, messaging and rewards to incentivize better driving behaviors, the Carrot approach is proven to help reduce claims frequency – this in turn reduces insurance premiums for policyholders, increases customer satisfaction, and drives carrier profitability. More info at www.carrotinsurance.com and www.ims.tech.
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