Insurance broker Premium Choice is planning to exploit next generation telematics technology in the launch of its first telematics insurance proposition, Aura Insurance.

Under a new contract with UK Insurtech ThingCo, customers will be sent Theo, a solar-powered, voice-enabled telematics device to self-fit to the windscreen of their car. In an accident, the device will speak to the customer to check if they are OK and alert emergency services if necessary. The data collected will help support driver safety, deliver fair pricing based on actual mileage incurred, and aims to create a smooth claims experience through ThingCo’s Smart FNOL process.

Chris Pryor, head of telematics at Premium Choice, said: “Theo fits simply and quickly on the inside of any car windscreen so this, and the Voice capability really sold the device to us as the right solution for our first telematics product.

“Our expertise at Premium Choice is in the young and inexperienced driver market as well as those with accident or motor conviction history so Voice will be hugely valuable in enabling us to support customers from the moment of impact, in a collision and we will be able to offer risk mitigating advice and tips based on their driving data. Having this level of insight will also be key to us lowering claims loss ratios for our insurer partners. The other major advantage is we can confidently quote for low mileage policies when customers are unsure how much mileage they may incur over the next year, with the flexibility to top up if needed.”

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