22.05.2014
COBRA PLAYS MAJOR ROLE IN GLOBAL GROWTH OF USAGE BASED INSURANCE
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DRIVERS CAN COMBAT NEW WAVE OF TECHNOLOGY LED AUTO CRIME SAYS COBRA
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COBRA REPORTS THIEVES CONTINUE TO TARGET KEYS TO STEAL HIGH VALUE CARS
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BLOG - SHOULD SPEED LIMITERS BE COMPULSORY ON ALL COMMERCIAL VEHICLES?
View story05.03.2014
COBRA LAUNCHES ONLINE ORDERING AND PAYMENT SYSTEM FOR ITS AFTERMARKET DEALERS
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Cobra was the first UK telematics supplier to be involved in the Usage Based Insurance (UBI) market, powering the Co-Operative Young Driver insurance offering when it launched in 2011.
The UK continues to be a fast growing market for insurance based telematics innovation with the most recent announcement coming from Quindell on a major joint venture with the RAC.
Currently around 40 UBI programmes are in place in the UK supporting around 500,000 live policies. However, the Italian market has four times as many live policies from just 32 programmes, according to research released in April 2014 by Ptolemus Consulting.
Cobra Italia is experiencing huge growth in the insurance telematics arena through its partnership with Generali.
Cobra has worked with Generali since 2010, with its telematics technology enabling the Italian insurer to offer a range of innovative services and insurance premium reduction incentives to drivers.
The Italian consumer has embraced UBI with Cobra now installing 800 black box units a day, a figure which has risen steadily since 2013. Fitting black boxes is proving a win-win for both insurers and drivers according to recent Ptolemus research that says the technology helps reduce average claims frequency after year one by 30%.
Cobra now has over 2,000 installers in Italy to cope with driver demand and is managing all elements of the Generali UBI project, from the moment the customer contract is signed up, through to the installation and activation phase.
As a result the Cobra Italia UBI team has now grown to 50 people actively managing the relationship with the 2,500 General Group agencies, installer network and drivers.
With the Generali contract set for continued growth it may not be long before Italy overtakes the USA (2.6m live policies) as the largest UBI market in the world.
BLOG - SHOULD SPEED LIMITERS BE COMPULSORY ON ALL COMMERCIAL VEHICLES?
17/03/2014
With the increased demand for speed limiters set to continue we feel it poses an important question – should they be compulsory an all commercial vehicles? Read full story »DRIVERS CAN COMBAT NEW WAVE OF TECHNOLOGY LED AUTO CRIME SAYS COBRA
19/05/2014
Thatcham certified stolen vehicle tracking devices are becoming one of the few solutions to protect drivers against the new wave of technology-led car crime, according to vehicle security specialist Cobra, and Thatcham Research, the motor insurers’ automotive research centre. Read full story »Restored from an archived copy of this page captured on 06/06/2014. Product availability, specifications and pricing are being reconfirmed.