Ernst & Young and Baseline Telematics have reached a non-executive agreement to partner and offer more usage-based technology to the Australian insurance market.
Baseline offers an end-to-end service to implement telematics technology, from in-car dongle’s to mobile apps, and will look to develop the fledgling telematics market in Australia and New Zealand.
Currently, QBE’s Insurance Box And AAMI’s Safe Driver app are the only telematics offerings on the Australian market but Walter Poetscher, EYs Insurance Strategy and Customer Advisory Lead, thinks it won’t be long before more players join the market.
Walter Poetscher, EYs Insurance Strategy and Customer Advisory Lead, thinks it won’t be long before more players join the market. “My gut feel is that all the major insurers will jump on board this year.”