Electric Vehicle Insurance
Electric Vehicle Insurance Electric vehicle (EV) sales increased by 76% last year as a rise in fuel costs, petrol shortages and environmental concerns are pushing more drivers to choose an electric car over diesel or petrol versions. These cutting-edge vehicles cost more to purchase and repair due to the specialist parts required, such as Lithium-ion […]
Young Driver Insurance Costs
Young DriverInsurance Costs Trakm8, a leading supplier of connected car data and devices for UK insurers and brokers, Young Driver Awareness Campaign aims to highlight how increasing insurance costs are impacting their lives, careers, finances and independence, and to offer advice to help understand how to take control and even help reduce insurance costs. As […]
New Driver Survey Results
New DriverSurvey Results New Driver Survey Highlights One in Four Drivers in the UK Are Struggling to Afford Car Insurance as Policy Prices Soar by an Average of 46% Trakm8, a leading supplier of connected car data for UK insurers and brokers, has commissioned a new national driver survey* to gain insights into how drivers […]
Youth Driving Solutions
Youth Driving Solutions Trakm8 Launches Young Driver Campaign as National Driver Survey Shows Half of Young Drivers Are Struggling to Afford Insurance and 1 in 10 have Stopped Using their Vehicle. Trakm8, a leading supplier of connected car data and devices for UK insurers and brokers, has launched a Young Driver Campaign to help raise […]
Sustainable Telematics Solution
Sustainable Telematics Solution Trakm8, the recognised leader in technology solutions for insurance telematics, connected car data and fleet management, has recently launched an enhanced automated returns solution that gives policyholders a simple and efficient way to send their telematics device back at the end of policies. The solution has already doubled the number of devices […]
Top Trends Impacting Car Insurance
Top TrendsImpacting Car Insurance The automotive industry is currently the second-most data-driven industry in the world so it shouldn’t be a surprise that technology such as driver and vehicle data are impacting the insurance sector and how insurance is being sold. Autonomous tech, advanced vehicle safety features in vehicles, connected car data, changing consumer behaviour […]
Telematics Policy Insights
TelematicsPolicy Insights Retaining customers has historically been difficult for insurance companies as many policyholders focus purely on price and will turn to price comparison sites for the best deal when their current policy is up for renewal. Delivering a tailor-made experience that goes above and beyond the norm that builds trust, brand loyalty and that […]
Increasing Customer Retention
IncreasingCustomer Retention Retaining customers has historically been difficult for insurance companies as many policyholders focus purely on price and will turn to price comparison sites for the best deal when their current policy is up for renewal. Delivering a tailor-made experience that goes above and beyond the norm that builds trust, brand loyalty and that […]