“Insurers and brokers across the UK have seen significant improvements in loss ratios and customer retention rates by partnering with iTelematiX. Our technology has helped reduce accident rates among newly qualified drivers, leading to fewer claims and better overall outcomes for our clients.”

Our story

Founded in 2017 with the vision of making roads safer and insurance more equitable, iTelematiX Limited has been at the forefront of telematics innovation. Our journey began through a strategic partnership with one of the UK’s largest Brokers where we collaborated openly to develop our unique solution. They provided a deep understanding of the market and risk and we provided the technical leadership to create the world class solutions we have today.

Today, we are proud to be a trusted partner for some of the UK’s leading insurers and brokers, helping them deliver better value to their customers while improving road safety.

Vision

  • “To revolutionise the insurance industry by providing data-driven telematics solutions that make driving safer and insurance fairer.”

Mission

  • “Our mission is to reduce road accidents and insurance costs by equipping insurers and brokers with the tools they need to accurately assess driver risk and promote safer driving behaviours.”

Leadership

Bryn Aldridge

With almost 40 years of experience across the IT sector, including as a senior Board Director of Deutsche Telekom’s UK subsidiary, Bryn brings a wealth of real-world experience in delivering major strategic projects and organizational change. For the last 13 years, Bryn has worked exclusively in the telematics field and probably knows as much as anyone about both the technology and how it can be managed by insurers.

“At iTelematX Limited, we’re redefining the landscape of motor insurance through our pioneering telematics solutions. With our patented Smartbox technology, we empower insurers to offer premiums that reflect actual driving behaviour, ensuring fair pricing and promoting safer driving habits. We are committed to innovation and safety, establishing ourselves as one of the UK’s leading providers of telematics services.”

Bryn Aldridge CEO

Values

  • Safety...

  • “We are committed to making roads safer for everyone.”

  • Innovation...

  • “We continually push the boundaries of what’s possible with telematics technology.”

  • Customer Success...

  • “Our clients’ success is our success. We work closely with insurers and brokers to help them achieve their goals.”

  • Integrity...

  • “We always do the right thing and adhere to the highest standards of ethical conduct.”

Our Technology

Our Smartbox, a self-installed device, seamlessly integrates with our bespoke app to monitor driving behaviors in real time. This advanced technology not only enhances driver safety but also allows insurers to assess risk more accurately and provide premiums that truly reflect each driver’s behaviour on the road.

The original architecture was designed in collaboration with Microsoft as one of their lighthouse projects. All data is captured, stored and processed within Microsoft’s Azure cloud infrastructure, which provides the highest levels of availability, security and scalability.

How it works

When a driver installs our Smartbox on their windscreen, it begins collecting data on various aspects of how they drive, their patterns of driving behaviour, their engagement with the service and app and compliance with their policy terms. Details assesed include where they drive, when they drive, and how they drive both individually and compared to all other dirvers. We assess the type of journey social, domestic commuting and if it is to a regular destination or somewhere they have never been before.

We monitor the road conditions for traffic and weather and how they interact with the road network such as at junctions, bends, roundabouts, speed limits, braking, and the time of day they drive.

We also monitor and assess as they gain driving experience and acknowledge and reward this. Where a driver’s data shows they need support this can be provided through a raft of training and educational tools. Their integration with this feedback is also assessed and is fed back in to our systems.

Vast amounts of data is then analysed to provide insurers with a clear picture of the driver’s profile and risk, enabling iTelematiX to calculate precise renewal premiums on behalf of our insurer partners.

Our technology not only helps in determining fair pricing but also contributes to road safety by encouraging better driving practices. Studies have shown we are able to reduce the incidents of the most risky driving behaviour by up to 70% over the lifetime of the policy and by upwards of 50% within the first 90 days.

Our analysis has shown that good driving habits learned through the use of our telematics solution persist after the driver has reverted to a traditional non-telematics scheme ensuing delivering long term benefits to policyholder and insurer alike.

Smartbox Overview

The iTelematiX Smartbox is a cutting-edge telematics device that fits discreetly on your car’s windscreen. Designed for easy self-installation, the Smartbox is equipped with GPS and accelerometer sensors that track a range of driving behaviours, including speed, braking patterns, and the time of day you drive. This data is transmitted in real-time to our secure servers, where it is analysed to provide insurers with a detailed profile of the driver’s risk.

Data collection and analysis

At iTelematiX, we don’t just collect data—we turn it into actionable insights. Using advanced AI and machine learning algorithms, we analyse the data from the Smartbox to predict the driver’s likelihood of having an accident. This allows insurers to offer more accurate renewal premiums and proactively manage risk. Our technology goes beyond traditional telematics by providing a comprehensive picture of each driver’s behaviour, enabling more precise underwriting and pricing decisions.

How it works

When a driver installs our Smartbox on their windscreen, it begins collecting data on various aspects...

Smartbox Overview

The iTelematiX Smartbox is a cutting-edge telematics device that fits discreetly on your car’s windscreen...

Data collection
and analysis

At iTelematiX, we don’t just collect data—we turn it into actionable insights...

Benefits for Insurers

iTelematiX’s Smartbox technology offers insurers several key benefits, including...

Custom Solutions

At iTelematiX, we understand that every insurer and broker has unique needs...

Benefits for Drivers

Drivers using iTelematiX’s Smartbox can benefit from lower insurance premiums by demonstrating...

Benefits for Insurers

“iTelematiX’s Smartbox technology offers insurers several key benefits, including improved loss ratios, more accurate pricing, and enhanced customer retention. By providing real-time data on driving behaviour, our technology enables insurers to assess risk more accurately and offer premiums that reflect the true cost of insuring each driver. Additionally, our AI-driven claims assessment helps insurers identify high-risk drivers and take proactive steps to reduce the likelihood of future claims.”

Custom Solutions

At iTelematiX, we understand that every insurer and broker has unique needs. That’s why we offer customisable telematics solutions that can be tailored to meet your specific requirements. Whether you’re looking to enhance your existing insurance products or develop a new telematics offering, our team of experts is here to help. We’ll work with you to design a solution that fits your business goals and delivers the results you’re looking for.

Benefits for Drivers

Drivers using iTelematiX’s Smartbox can benefit from lower insurance premiums by demonstrating safe driving habits. The Smartbox provides personalized feedback through our app, helping drivers improve their driving behaviour over time. This not only leads to safer roads but also rewards drivers with premiums that reflect their individual risk, rather than the average risk of their demographic.

Our Solutions

For insurers

“iTelematiX offers insurers a comprehensive telematics solution that helps reduce claim costs and improve loss ratios. Our Smartbox technology provides detailed insights into driving behaviour, allowing insurers to offer premiums that reflect the true risk of insuring each driver. By partnering with iTelematiX, insurers can take a proactive approach to risk management, reducing the likelihood of accidents and claims.”

For Brokers

“Brokers who partner with iTelematiX can offer their clients a unique, data-driven insurance product that stands out in the marketplace. Our Smartbox technology not only helps brokers attract new customers but also enhances customer satisfaction by offering premiums that are tailored to each driver’s behaviour. This personalized approach to insurance helps brokers build stronger relationships with their clients and improves retention rates.”

FAQS

What is the Smartbox?

  • “The Smartbox is a telematics device that tracks your driving behaviour, helping insurers offer you more accurate premiums based on how you drive.”

How does the Smartbox work?

  • “The Smartbox collects data on various aspects of your driving, such as speed and braking patterns, and sends this data to our servers for analysis.”

Will my driving data be shared?

  • “Your driving data is kept secure and is only shared with your insurer for the purpose of assessing your risk and calculating your premiums.”