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Article: Directed Electronics and Octo Telematics Partner to Provide Telematics Solutions to Automotive Insurance Companies.
- Article from:
- PR Newswire
- Article date:
- November 3, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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VISTA, Calif., Nov. 3 /PRNewswire/ -- Directed Electronics, the largest supplier of aftermarket vehicle security and remote start systems in North America, announced today that it has signed a memorandum of understanding with Octo Telematics S.p.A., the leading insurance telematics provider in Europe, to develop telematics services for the U.S. and Canadian vehicle insurance markets.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020424/DIRECTLOGO)
The European automotive insurance telematics market has expanded rapidly over the last several years with leading insurance companies offering consumers value-added services such as automatic crash response ...