OCTO Telematics Launches New Telematics Solutions for Commercial Lines Insurance and Partners with TruckerCloud to Expand Data and Insights

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Postmedia has not reviewed the content. by Business Wire OCTO Telematics Launches New Telematics Solutions for Commercial Lines Insurance and Partners with TruckerCloud to Expand Data and InsightsAuthor of the article:Partnership combines OCTO’s high-precision in-vehicle installed telematics solutions with TruckerCloud’s leading commercial auto insurance telematics data platform.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountBOSTON & ATLANTA — OCTO, a global leader in telematics data analytics, and TruckerCloud, the leading commercial auto insurance telematics data platform, today announced a strategic partnership to accelerate telematics adoption across the US Commercial Auto market.Concurrently, OCTO is launching a line of high-granularity, in-vehicle installed telematics solutions purpose-built for Commercial Insurers. OCTO’s hardware delivers accurate DriveAbility® risk scoring, already approved for Commercial line in about 35 US States, alongside instant crash detection and reconstruction for FNOL and claims cost reductions. The solution also includes a complimentary driver coaching and rewards mobile application, enabling fleet managers to monitor driving behavior, promote safety, and incentivize drivers through monetary rewards.This advertisement has not loaded yet, but your article continues below.Through this partnership, OCTO’s proprietary DriveAbility® Score can be integrated directly into the TruckerCloud platform for fleet vehicles, class 1-6, using OCTO’s telematics solutions. The joint offering provides insurers and fleets streamlined access to actionable telematics data, driver risk insights, and underwriting support through a single ecosystem.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againTruckerCloud connects heavy-vehicle fleets to roughly 200 ELD, camera, and telematics systems through its normalization platform, and offers FleetFile, its own crash risk score for heavy-duty lines. By pairing this broad reach with OCTO’s granular data analytics and crash intelligence for Commercial vehicles Classes 1–6, the collaboration bridges the gap between the heavy vehicles fleet already connected with the 2/3 of remaining lighter fleet vehicles that are today not connected, the Class 1-6.Commercial Auto insurers using TruckerCloud can now leverage OCTO’s solutions for Class 1–6 vehicles fleets to enhance risk segmentation, underwriting and claims cost reductions.“This collaboration represents a major step forward for Commercial Auto innovation,” said Nino Tarantino, President of OCTO North America. “TruckerCloud has established itself as a trusted connectivity layer between insurers, fleets, and providers. Together, we are making it seamless for insurers to leverage predictive driving data and advanced risk scoring to improve underwriting performance, enhance road safety, and drive profitable growth.”“Our goal is to create the most comprehensive, open telematics ecosystem for Commercial Auto,” said Spencer Mitchell, Founder and CEO of TruckerCloud. “By combining our aggregation capabilities with OCTO’s proven hardware solutions and DriveAbility® Score, we are empowering insurers to access high-quality insights faster and with greater flexibility than ever before.”OCTO Telematics is a leading global provider of AI-driven telematics and smart mobility solutions, delivering predictive risk scoring, real-time crash intelligence, and analytics to transform personal/commercial auto insurance and fleet operations worldwide. OCTO has profiled 20 million drivers and holds one of the world’s largest telematics databases, based on 610 billion kilometres of driving and over 13 million crashes detected by in-vehicle installed devices. www.octotelematics.com .TruckerCloud is the leading commercial auto insurance telematics data platform. The company connects to roughly 200 ELD, camera, and telematics systems and is used by more than 70 insurers and MGAs for underwriting, claims, loss control, and risk scoring. TruckerCloud is headquartered in Atlanta, Georgia. Learn more at www.truckercloud.com.View source version on businesswire.com: This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.