Discovery Limited Inks pact with Cambridge Mobile Telematics [Insurance News Net]
Global insurer Discovery Limited has reported a strategic partnership deal with Cambridge Mobile Telematic.
In its release, Discovery Limited said that this deal will further bolster the current productive relationship between its auto- term insurance arm, Discovery Insure, and CMT.
Adrian Gore, Chief Executive Officer of Discovery Limited, said, “This strategic partnership with CMT further enhances Discovery Insure’s leadership position in the growing industry of behavior- based auto insurance. While auto insurers are using telematics technology to monitor and track driving behavior with discounts on premiums to policyholders, Discovery Insure harnesses both telematics technology and behavioral economics to promote safer driving, with exceptional results for both our clients and the company.”