Autoline Insurance Group, one of Ireland’s largest independent brokers, has unveiled an Android smartphone telematics app which will monitor driving patterns and charge insurance premiums accordingly.
Using technology provided by insurance telematics specialist MyDrive Solutions, drivers will be able to choose an insurance product based on how they drive rather than postcode, gender, marital status, location and occupation.
Aimed primarily at the young driver market to tackle rising insurance premiums, the product could reduce premiums by up to 50%.
The Autoline telematics insurance scheme will offer 2,000 policies to young drivers on a ‘first-come, first-served’ basis.
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