Commercial fleet customers of Mexico’s largest auto insurer will be able to track vehicles, supply customers with accurate and intelligent logistics, and improve driver safety.
Qualitas (Mexico City), Mexico’s largest auto insurer with operations throughout Mexico, Latin America and the United States, has selected Octo (London) to develop the telematics market in Mexico by using Octo’s driving behavior analytics in the commercial fleet insurance.
Octo couches its contract announcement within the broader context of a growing global usage-based insurance (UBI) market, which Ptolemus recently reported had grown by 40 percent in a year, to 21.6 million active policies by the end of June 2018.