- Solutions built on a global dataset of millions of trips and billions of miles produce the most accurate insights for insurers and policyholders
- Lightweight smartphone solution and optional Tag device are easy to set up and use
- Telematics-based actuarial model approved in 30 states and counting
Cambridge Mobile Telematics +Visit vFormation
Cambridge Mobile Telematics
Cambridge Mobile Telematics’ (CMT) mission is to make the world’s roads and drivers safer. Since its first product launch in 2012 that pioneered mobile usage-based insurance, CMT has become the world’s leading telematics and analytics provider for insurers, fleets, rideshares, and mobility. Implemented worldwide, CMT’s solutions use mobile sensing, IoT, artificial intelligence, and behavioral science to reduce costs, improve industry processes, and enhance the customer experience for higher brand loyalty.
In December 2018, the Softbank Vision Fund invested $500 million in CMT to fuel its expansion, growth, and new initiatives. A selection of CMT’s insurer customers includes State Farm, Liberty Mutual, Erie Insurance, Travelers, AIG, and State Auto in the U.S., Admiral in the U.K., HUK-COBURG in Germany, Discovery Insure in South Africa, and Insurance Australia Group in Australia.