Direct Assurance partners with Cambridge Mobile Telematics to expand YouDrive
This collaboration aims to enhance YouDrive's offerings, leveraging advanced technology for safer driving and expanded user reach
Direct Assurance, a prominent online car insurance provider in France and a subsidiary of AXA France, announced Jan. 22, 2024, its collaboration with Cambridge Mobile Telematics (CMT), the largest telematics service provider globally, to enhance its connected insurance program, YouDrive. Introduced a decade ago as France's first connected car insurance program aimed primarily at young drivers, YouDrive has helped lower insurance costs by promoting safe driving, with its customers saving an average of €200 annually on premiums. The program has grown in popularity, with a 27% increase in users last year, reaching 60,000 policyholders, and has contributed to reducing crash rates by up to 31%.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here