Redtail Telematics Blog
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The Redtail blog includes blog posts about how to achieve high customer satisfaction, a Q&A with the Dr, night driving ban for young drivers and more! Redtail Telematics was founded to explore the potential of GPS technology; turning location, accelerometer and gyro data into meaningful insight for insurers, fleet managers, OEMs and consumers.
Redtail Telematics Blog
1w ago
Reading Time: 4 minutes
Inflation busting telematics informed car insurance
It’s about the loss ratio, and the economics. And the company culture, and the policyholder focus. So how can telematics car insurance help beat inflation?
The numbers (illustrative):
A decade ago, the modus operandi of our energy and insurance sectors was straightforward yet arguably lacked efficiency. Traditional electricity meters were read manually with several months between each reading, with bills approximated based on these sparse data points. Simultaneously, auto insurance premiums were dete ..read more
Redtail Telematics Blog
1M ago
Reading Time: 4 minutes
Telematics benefits: Redtail Telematics and some of our recent highlights…
It is fair to say that our team of innovators never stop thinking and acting and creating. In fact, they would much prefer to be dreaming up the new to maintaining the current. But of course, we are committed to both and execute with rigour and our customary dedication to quality. Here are a few recent highlights:
Dashboards and Dashcards
Previously, we talked about our App and Tag solution (see our App and Tag low mileage UBI solution and our Redtail Bluetooth Tag blog posts). In ..read more
Redtail Telematics Blog
2M ago
Reading Time: 5 minutes
Harnessing Smart Technology: Transformations in Energy and Auto Insurance Industries
How our energy and insurance sectors are using smart technology to improve the customer experience.
Then…
A decade ago, the modus operandi of our energy and insurance sectors was straightforward yet arguably lacked efficiency. Traditional electricity meters were read manually with several months between each reading, with bills approximated based on these sparse data points. Simultaneously, auto insurance premiums were determined annually, a practice that largely neglected the fl ..read more
Redtail Telematics Blog
3M ago
Reading Time: 3 minutes
The future of (motor) insurance is connected (obviously) – thoughts?
I was fortunate enough to present and share a panel (I am the short bald guy in the middle) with the esteemed Kinda Nejem and Trygg-Hansa’s Fredrik Thuring for this wide-ranging session, which prompted several discussion points from the attendant audience.
In broad terms, there were three areas of debate:
1) Consent and incentives to share data?
Clearly, the consumer has a choice of insurance provider. In our Admiral/Ford/REDTAIL [Insurer/OEM/REDTAIL] model the sell is either insurer or O ..read more
Redtail Telematics Blog
5M ago
Reading Time: 3 minutes
Telematics for Fleet Management
For a Fleet Manager, driver behavior is one of the most important factors in fleet management. Poor driving habits can lead to increased fuel consumption, higher maintenance costs, and even accidents. Therefore, monitoring driver behavior is crucial for any business that operates a fleet.
Comprehensive driver monitoring
Redtail Telematics offers a comprehensive driver monitoring solution that can help you identify patterns of inefficiency and address them. Our telematics system tracks a variety of data points, including speed, r ..read more
Redtail Telematics Blog
6M ago
Reading Time: 2 minutes
Redtail Telematics will be at booth 2168 at ITC Vegas 2023 at in Las Vegas, NV (Oct 31 – Nov 2, 2023). Take a closer look at the ITC Vegas floorplan page to find us.
THE FUTURE OF INSURANCE IS HERE
ITC Vegas 2023, presented by McKinsey & Company, is the world’s largest gathering of insurance innovation – offering unparalleled access to the most comprehensive and global gathering of tech entrepreneurs, investors, and insurance industry leaders.
The world’s largest gathering of insurance innovation, ITC Vegas combines unbeatable networking with what’s new ..read more
Redtail Telematics Blog
6M ago
Reading Time: 2 minutes
Redtail Telematics will be attending the Future of Insurance Europe 2023 event at Hotel Novotel Amsterdam City in Amsterdam, the Netherlands on the 28th and 29th of November 2023.
The Future of Insurance Europe 2023:
Customer-First. Tech-Centric. Growth-Focused.
The world has been turned on its head. Most industries are reducing their pace of innovation and aiming for survival instead of growth. But insurance is not most industries.
Instead of slowing down, this is the time to come together and capitalise on the unprecedented level of change surrounding us ..read more
Redtail Telematics Blog
6M ago
Reading Time: 5 minutes
Telematics and cost of living
The cost of living crisis is real. For most Britons, their biggest household bill after council tax and energy is their car insurance.
We have seen that inflation is slowing a touch as oil prices reduce. However, ONS data has also revealed that the price of car insurance shot up 50.9% in the last 12 months.
Ouch!
A typical policy now costs £2,145 for under-25s, £850 for the 25-to-49 age group, and £568 for over-50s
Our recent YouGov survey found that insurers are missing opportunities to win new telematics motor insura ..read more
Redtail Telematics Blog
8M ago
Reading Time: < 1 minute
Redtail Telematics’ driver behavior analysis of over 10,000 UK motorists reveals the 25 best and worst brands of vehicle driven on UK roads
Results are based on the analysis of a range of driver behaviors including harsh braking, acceleration and hard cornering
Audi and BMW jointly recorded the worst driving scores
Land Rover and Toyota shared top spot, with best scores
Solidly mid-table are a diverse mix: Ford, Vauxhall, Jaguar and Mazda
(Full table of results in the Redtail Telematics’ Driver Behavior Analysis by Vehicle Brand Press Release)
Download t ..read more
Redtail Telematics Blog
9M ago
Reading Time: 4 minutes
Fireside chat: Marc Pell, Managing Director Tempcover & Andrew Little, Head of Marketing & Sales REDTAIL
Well, Starbucks sofas with coffee actually.
But still, I have known Marc for a number of years and enjoyed being adjacent to Tempcover’s spectacular growth journey. The common thread between Tempcover and REDTAIL, and the chats that Marc and I have had, is a real commitment to actionable data to inform business decisions and provide policyholders with value.
Temporary car insurance and telematics – so what?
Let’s provide some context: Marc ..read more