TomTom announces new first-of-its-kind partnership with Motaquote

TomTom has just announced that it has made a groundbreaking new partnership in the insurance market with the Motaquote insurance broker, by agreeing to provide the technology to support a new behavior-based insurance product that uses the driver’s habits to help gauge the premiums. The product being offered by Motaquote is called Fair Pay Insurance, and it will use TomTom technology to be able to reward drivers with lower risk habits by decreasing the premiums that they pay. According to the managing director of TomTom business solutions, Thomas Schmidt, “Our…

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