Commercial vehicles with usage-based insurance market is projected to grow by more than 18% by 2024, according to new research from Global Market Insights, Inc.
U.K. Telematics Provider Offers App-Based Product to U.S. Fleets
The Floow Limited, a telematics provider with officers in Detroit and the United Kingdom, has launched a telematics platform for commercial fleets that uses a driver's cellphone to allow insurance companies, fleet operators, and manufacturers to collect data about driver behavior.