X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

If an iPhone can make people healthier by tracking how many steps they take, why can’t something similar make cars and trucks safer by monitoring drivers’ behavior? Telematics equipment–black boxes–has been available for years, helping companies track the locations of their vehicles and the speeds at which they are traveling. Now the devices have become more affordable–and smart enough–to be used to identify unsafe driver behaviors. In January, global insurance giant Zurich announced a product that gathers data from telematics hardware and analyzes it to track driver behavior related to safety, with the goal of reducing accidents and insurance premiums.

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.