CAMBRIDGE, Mass.--(BUSINESS WIRE)--Global insurer Aioi Nissay Dowa and Cambridge Mobile Telematics (CMT), the world’s largest smartphone-centric telematics provider, brought their longstanding partnership to Southeast Asia through Aioi’s new subsidiary, Singapore-based AIS Asia. AIS Asia recently launched Visual-drive, a multi-language mobile telematics app for personal line and commercial insurance.
“One of our missions is to provide a telematics scheme to local insurers quickly and reasonably in Southeast Asia, who would like to develop telematics insurance like UBI,” said Susumu Tategami, AIS Asia’s managing director.
Visual-drive works in conjunction with the optional tag, a Bluetooth tracking device attached to the user’s car.
Aioi and CMT have worked together since 2016 when they brought Visual Drive to Japan. “Southeast Asia consists of over 10 countries and CMT’s solutions are very universal, so they can meet our demands,” said Tategami.
In 2017, Aioi launched CMT’s DriveWell Fleet program to enable commercial fleet owners and insurers to reduce claims, improve employee safety and increase operational efficiency. AIS Asia is planning to provide the Visual-drive program to commercial fleet owners in Southeast Asia as well.
“We are excited to work with Aioi to expand our global reach to new markets that are embracing smartphone-centric telematics, by offering our services and products to insurers in Southeast Asia,” said Katherine Wellman, CMT’s vice president of product and marketing.
Since 2016, telematics has become more universally prevalent with increased demand from consumers and companies across the globe.
About AIS Asia
Aioi Nissay Dowa Services Asia (AIS Asia) was established in October 2017 and is 100 percent owned by Aioi Nissay Dowa Insurance Japan. AIS Asia provides telematics services and data analysis services related to insurance in Southeast Asia.
About Cambridge Mobile Telematics
Cambridge Mobile Telematics (CMT) makes roads and drivers safer around the world. Founded in 2010 by two MIT professors and experienced entrepreneurs, CMT pioneered telematics for behavior-based insurance (BBI) and deployed the first solution to provide both traditional vehicle-centric UBI and BBI. With over 40 customers in 20 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. For more information, please visit cmtelematics.com and follow us on Twitter @cmtelematics.
