Aloi Nissay Dowa Insurance, a Japanese insurer, is launching a usage-based insurance program with Cambridge Mobile Telematics technology.
The carrier is using Cambridge's DriveWell telematics software to power the program. This follows a pilot using the vendor's Visual Drive version of the software for its company vehicles.
Cambridge's platform leverages smartphones to gather and transmit data, like hard braking, abrupt acceleration, hard cornering, and phone movement, which inform its model.
"By partnering with Aioi Nissay Dowa Insurance, we are expanding our powerful innovations in smartphone sensing and data analytics with a leading insurer who is committed to improving safety and convenience for their clients," said William Powers, CEO of Cambridge. "We are focused on aligning with companies that share the same vision – to make drivers and roads safer globally."
