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MIT-Led Telematics Firm Tapped by State Auto Insurance Companies

| September 8, 2017


The State Auto Insurance Companies have selected Cambridge Mobile Telematics (CMT), which was founded in 2010 by two MIT professors and experienced entrepreneurs.

“Our desire and mission is to make roads and drivers safer,” said William Powers, Chief Executive Officer at CMT. “This partnership with State Auto, a company that cares about road and driver safety, will help extend a cost-effective smartphone telematics solution to more drivers, and across commercial fleets.”

CMT’s smartphone-based telematics program automatically detects when a drive starts and stops, and uses a variety of sensors on the phone to measure how the vehicle is driven, all while having very limited impact on battery life.

Trip data is passed to CMT’s data science and analytics engines which generate deep insights on driving behavior and actionable, personalized feedback for drivers. CMT’s program, currently used by nearly one million drivers, has proven that drivers can improve significantly – showing on average a 35 percent reduction in phone use and 20 percent reduction in hard braking after 30 days of enrollment in the program.

Vehicle dynamics and driver behavior can by monitored by coupling the smartphone app with CMT’s Tag, an “Internet of Things” device for safe driving. The tag collects data for every trip in the vehicle, no matter who is driving or whether a smartphone is even present. The configuration provides valuable analytics for accurately assessing the risk associated with the vehicle, enabling the insurer to achieve key business objectives related to claims and loss ratios.

“We want our drivers to be as safe and informed as possible – which made deploying a behavior-based telematics program a top priority,” said Kim Garland, Senior Vice President of Standard Lines at State Auto and Director of State Auto Labs.

With over 20 customers in 14 countries, CMT has a proven record of changing driver behavior: an average reduction of 35 percent in phone distraction, 20 percent in hard braking, and 20 percent in at-risk speeding all within less than 30 days of using the program.

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