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Octo Telematics To Showcase Its UBI Product

Wednesday, August 26, 2015 5:16:00 AM PDT | VentureDeal

   Newton, Massachusetts  --  Octo Telematics has announced the upcoming showcase of its usage-based insurance product.

Called the Try&Drive, the electronic device is designed as a plug-and-play Telematics solution for insurance carriers to monitor insured drivers while at the wheel.

The company is giving away 200 of their devices to insurance professionals at the upcoming Insurance Telematics USA Conference 2015.

Octo will then monitor the recipients and give the safest driver during the 30 day period and Apple iPad.

The company says that it maintains the world's largest insurance telematics statistical database.

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