11 February 2016

More Th>n telematics app slashes insurance costs for safe drivers

30 January 2014  |  3350 views  |  0 Business metting using tablet with graphs

UK insurer More Th>n is promising car owners up to 20% off their premiums if they use a new telematics app which assesses their driving style.

Aimed at experienced drivers, the free iPhone and Android app assesses the user's style on the road for 200 miles, providing feedback after each journey.

A discount of up to 20% is then generated based on factors such as acceleration, braking and speed, and can be applied to any new car insurance quote received through the app.

Matt Pernet, motor director, More Th>n, says: "As experienced drivers are often put off by the idea of having a black box in their car we've created a simple phone app instead."
KeywordsINSURANCE

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board, sign up now.

Related blogs

Create a blog about this story (membership required)

Related stories

26 June, 2013
23 April, 2007
05 October, 2006

Related company news

 
Your browser is unable to support Flash files.

Top topics

Most viewed Most shared
UK sets out open banking API framework
13492 views comments | 91 tweets | 85 linkedin
European mobile banking service Pocopay go...
7957 views comments | 25 tweets | 14 linkedin
Deutsche Bank calls for co-operation with...
7125 views comments | 27 tweets | 30 linkedin
How to accelerate your fintech startup
7111 views comments | 32 tweets | 9 linkedin
Wearable payments startup Fit Pay secures...
6482 views comments | 26 tweets | 9 linkedin

Featured job

Find your next job