Cambridge Mobile Telematics
CMT's smartphone telematics platform measures driving quality, engages drivers, and reduces their risky behavior by 40 percent. Together with their partners, they are transforming insurance, ridesharing, fleet management, family safety, and more…
Cambridge Mobile Telematics’ (CMT) mission is to make the world’s roads and drivers safer. Since its first product launch in 2012 that pioneered mobile usage-based insurance, CMT has become the world’s leading telematics and analytics provider for insurers, fleets, rideshares, and mobility. Implemented worldwide, CMT’s solutions use mobile sensing, IoT, artificial intelligence, and behavioral science to reduce costs, improve industry processes, and enhance the customer experience for higher brand loyalty.
In December 2018, the Softbank Vision Fund invested $500 million in CMT to fuel its expansion, growth, and new initiatives. A selection of CMT’s insurer customers includes State Farm, Liberty Mutual, Erie Insurance, Travelers, AIG, and State Auto in the U.S., Admiral in the U.K., HUK-COBURG in Germany, Discovery Insure in South Africa, and Insurance Australia Group in Australia.
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Learn more on the Cambridge Mobile Telematics website
The Harsh Realities of Phone Distraction
Partners with Duck Creek Technologies to Provide Telematics-Based Solutions
ITC Overview
Advantages
- Solutions built on a global dataset of millions of trips and billions of miles produce the most accurate insights for insurers and policyholders
- Lightweight smartphone solution and optional Tag device are easy to set up and use
- Telematics-based actuarial model approved in 30 states and counting
Solutions
- The DriveWell platform offers a variety of products that capture and score driving behaviors truly indicative of risk, and uses engagement methodologies to improve driving behavior
- Claims Studio enables real-time emergency services to crash site, proactive claims outreach, and an unbiased Crash Storyline for accurate, complete and fast claims reports
Expertise
- Team of 180+ in Cambridge, MA (HQ), Seattle, Los Angeles, India, and London – with 20+ PHDs
- 35 enterprise partners with 50 active programs around the globe
- 6.5+ million drivers on platform with 11 million DriveWell Tags shipped to date
- TU-Automotive’s Best Auto Digital Insurance Product (2018 & 2019)
- Ptolemus Consulting Group reported CMT has the largest market share of any mobile telematics provider (2018)