The First Usage-based Insurance Offer with Connected Objects
La Parisienne Assurances and Sigfox France announce a partnership to develop innovative products using the IoT in the insurance sector. The technological partnership is part of the ongoing transformation of the insurance market, particularly in terms of usage-based insurance, focusing initially on the mobility market (cars, motorcycles, electric scooters, etc.). It will enable La Parisienne Assurances to offer new innovations based on Sigfox’s 0G network, now available in more than 60 countries and reaching 1 billion people with nearly 7 million connected objects.
Netstar Solution for Tracking and Fast Recovery of Stolen Vehicles
Netstar, a subsidiary of JSE-listed Altron, the pioneer of the stolen vehicle tracking and recovery industry in South Africa, moved beyond traditional vehicle tracking by availing new opportunities made possible by Sigfox’s technology. Netstar’s Safe and Sound range leverages new cost-effective telematics devices with Sigfox connectivity incorporating innovation like Jamming Resist™ technology.
COYOTE Secure, A Stolen Vehicle Recovery Service
With car theft every three minutes and techniques that become more complex, securing vehicles requires the combination of high-quality technologies to remain efficient. Collaborating with Sigfox, COYOTE offers a stolen vehicle recovery service called COYOTE Secure among the most efficient on the market, with recovery in less than a day in 90% of cases. COYOTE has achieved a milestone with over 100,000 vehicles connected by April 2019.
Direct echo released cost-effective smart home protection solution
Direct echo, Sigfox operator SimpleCell Networks and Simple Hardware have released unique motion and water sensor technology, including an intuitive mobile app developed by Direct echo, to alert people to adverse events that might be going on in their home. In the future, Direct insurance wants to offer this service along-side its insurance products.