Through use of Octo’s Next Generation Platform, the companies say the acquisition will bring globally recognized scoring capabilities to serve the global insurance telematics marketplace.
“With ever-increasing data volumes being measured and recorded, the tools being used to analyze it and provide accurate driving behavior information to insurers must develop at a similar pace,” he elaborates. “It makes sense to join forces with Willis Towers Watson to pool resources and lead on further developing telematics propositions. – Fabio Sbianchi