LONDON, July 28, 2016 /PRNewswire/ -- Wunelli, a LexisNexis Risk Solutions company, has selected Vodafone – a leader in connected car services, as one of its chosen suppliers for insurance telematics products. Wunelli, a leading provider in global telematics solutions, provides a complete end-to-end telematics solution to enable insurers and brokers to offer telematics-based motor insurance products.
With predictions that by 2020 nearly 100 million vehicles globally will be insured with telematics policies and nearly 50% of the world's vehicles by 2030*, the demand for hard-wired telematics devices is evident. As an appointed provider for the supply of highly reliable telematics units and mission critical data, Vodafone will play an important role in the telematics offering from Wunelli. Vodafone will assist Wunelli in providing insurers with an expanding choice of data collection methods, working closely with the leading suppliers for each field.
"We are very pleased to announce Vodafone as one of our chosen suppliers of telematics units and essential vehicle information. Data quality and integrity is obviously central to any telematics proposition and Vodafone's expertise in the connected car space including design and manufacture of high performance telematics products will support the delivery of the high quality we demand," explained Selim Cavanagh, Vice President of Telematics, Wunelli.
Nico Gollwitzer, CEO Vodafone Automotive, adds, "We are very excited to be working with Wunelli and look forward to playing a key part in their continued growth, supporting insurers and brokers across the UK."
*Ptolemus Consulting Group – Usage-Based Insurance Global Study 2016
NOTES TO EDITORS:
Working closely with all major software houses, today, Wunelli provides a complete end-to-end solution to enable insurers and brokers to offer telematics-based motor insurance products, in a fast, efficient and cost-effective manner.
Whether it is hard-wired, 12V or smartphone solution, Wunelli offers a completely outsourced solution or an integrated package that links telematics to existing internal systems.
LexisNexis Risk Solutions
LexisNexis Risk Solutions is a leader in providing essential information that helps customers across industries and government predict, assess and manage risk. Combining cutting-edge technology, unique data and advanced analytics, LexisNexis Risk Solutions provides products and services that address evolving client needs in the risk sector while upholding the highest standards of security and privacy. LexisNexis Risk is part of RELX Group, a world-leading provider of information and analytics for professional and business customers across industries.
SOURCE LexisNexis Risk Solutions