24 September 2017
Find out more

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

30 January 2014  |  3799 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)

Finextra news in your inbox

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

Related stories

Tesco Bank introduces telematics-based car insurance policy for young drivers

Tesco Bank introduces telematics-based car insurance policy for young drivers

26 June 2013  |  7065 views  |  0 comments | 3 tweets | 5 linkedin
More Th>n to encourage green driving via in-car telematics

More Th>n to encourage green driving via in-car telematics

23 April 2007  |  6720 views  |  0 comments
Norwich Union launches 'pay as you drive' insurance scheme

Norwich Union launches 'pay as you drive' insurance scheme

05 October 2006  |  5214 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.vasco.comvisit www.sibos.comvisit www.capgemini.com

Top topics

Most viewed Most shared
HSBC switches on selfie payments in ChinaHSBC switches on selfie payments in China
13406 views comments | 28 tweets | 44 linkedin
AXA launches blockchain to cover late flight compensationAXA launches blockchain to cover late flig...
9794 views comments | 13 tweets | 28 linkedin
Apple P2P payments service nears launchApple P2P payments service nears launch
8598 views comments | 19 tweets | 27 linkedin
SBI Ripple Asia advances on South KoreaSBI Ripple Asia advances on South Korea
8383 views comments | 16 tweets | 1 linkedin
European Commission makes fintech a priority in supervisory shakeupEuropean Commission makes fintech a priori...
8087 views comments | 32 tweets | 45 linkedin

Featured job

Competitive
London, UK (or flexible)

Find your next job