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German insurance firm selects TomTom Telematics

| November 3, 2014

 

TomTom Telematics

AMSTERDAM–(BUSINESS WIRE)–TomTom Telematics today announced a new deal with Signal Iduna, a leading insurance provider in Germany, who has launched an innovative new car insurance policy through sijox, its young customer brand. “AppDrive powered by TomTom” uses a smartphone app to provide feedback on driving performance, to help increase road safety awareness for young drivers.

“Our technology continues to help our partners in the insurance and motor industry offer a new generation of young drivers the tools to identify areas of risk, and make adjustments to improve their road safety.”

IoT WORLD FORUM 2014

AppDrive powered by TomTom presents actionable data insights from TomTom’s LINK 100, such as harsh braking, steering and acceleration, to a driver’s smartphone. Policy holders using the app benefit from an immediate discount on the sijox insurance package ‘My Mobility’ from Signal Iduna. The discount will increase the longer they drive responsibly, encouraging young drivers to adopt safer, more efficient driving habits.

Policy holders can self-install the LINK 100 device by plugging it directly into the diagnostics port of their car. Driving behaviour is reported once installed; and drivers can be assured of location privacy as the LINK 100 does not transmit the vehicle’s position.

“We are delighted that a leading insurance provider like Signal Iduna has chosen TomTom Telematics to develop innovative new products,” Thomas Schmidt, Managing Director, TomTom Telematics. “Our technology continues to help our partners in the insurance and motor industry offer a new generation of young drivers the tools to identify areas of risk, and make adjustments to improve their road safety.”

-ENDS-

About TomTom

TomTom (TOM2) empowers movement. Every day millions of people around the world depend on TomTom to make smarter decisions. We design and develop innovative products that make it easy for people to keep moving towards their goals. Best known for being a global leader in navigation and mapping products, TomTom also creates GPS Sport Watches, as well as state-of-the-art fleet management solutions and industry leading location based products.

Our business consists of four customer facing business units: Consumer, Automotive, Licensing and Telematics.

Founded in 1991 and headquartered in Amsterdam, we have 4,000 employees worldwide and sell our products in over 37 countries.

About TomTom Telematics

TomTom Telematics is a Business Unit of TomTom dedicated to fleet management and vehicle telematics. Our WEBFLEET platform is a Software-as-a-Service solution – used by small to large businesses to improve vehicle performance, safe fuel, support drivers and increase overall fleet efficiency.

TomTom Telematics is one of the world’s leading telematics solution providers with over 400,000 subscriptions worldwide – recognised as the largest in the European market. We service drivers in more than 60 countries, giving them the industry’s strongest local support network and widest range of sector-specific 3rd party applications and integrations. More than 30,000 customers benefit every day from the highest level of security, quality and availability of our ISO 27001 certified service.

For further information, please visit www.tomtom.com/telematics

Follow us on Twitter @TomTomBusiness

Contacts

TomTom Telematics:
Patrick Aalbers
Patrick.Aalbers@tomtom.com
+31 20 757 5136
or
TomTom Investor Relations:
Bisera Grubesic, Investor Relations Officer
+31 (0)20 757 5119
ir@tomtom.com

 

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Category: NEWS

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