Motaquote are proud to announce that they have reached the finals for the Insurance Times Technology in Insurance Awards 2012.
Motaquote have beaten off stiff competition to be named as a finalist in the Insurance Times ‘Technology in Insurance Awards’. They have been shortlisted with two other companies in the ‘Best use of Analytics’ category. The finals are due to be held on 20 September 2012 at Altitude 360 in London.
This is largely thanks to the firm's excellent use of telematics to analyse driving behaviour via its black box insurance brands - Fair Pay Insurance and iKube Insurance.
Both iKube and Fair Pay Insurance utilise black box technology to help reduce car insurance premiums for policyholders.
iKube is a young driver "pay when you drive" scheme that rewards young drivers for not driving late at night (between 11pm - 5am). At renewal the young driver can also enjoy additional discounts by displaying good driving behaviour.
Fair Pay Insurance is a "pay how you drive" scheme that rewards policyholders for good driving behaviour. The better they drive - the further the "mileage" points will go. In addition to this black box car insurance policyholders are granted further discounts when it comes around to reviewing the policy.
To find out more about how Fair Pay Insurance and iKube Insurance works please visit: