Next-gen vehicle tracking systems change the way the insurance industry approaches stolen vehicle claims

Advances in telematics improve stolen vehicle recovery and minimize insurance costs.

Worldwide, insurance companies spend billions of dollars each year to replace stolen vehicles. The industry seeks a way to minimize the burden of stolen vehicle replacement, but traditional telematics solutions fall short. Next-generation vehicle tracking systems, powered by Sigfox’s global IoT network, solve the major problems associated with telematics. Secure, impenetrable and cost-effective, next-gen tracking systems outsmart thieves and help law enforcement find stolen vehicles quickly, before major damage occurs, increasing rates of auto recovery while reducing insurance claim costs and overhead.