Ctrack named top telematics provider in usage based insurance study

Ctrack has been named ’best telematics technology provider’ and ‘telematics service provider’ in a new global study on usage based insurance (UBI).

The leading vehicle tracking and fleet management specialist was ranked top in Asia, Latin America, Africa and Australasia in the 2013 Insurance Telematics Supplier Ranking Study by Ptolemeus Consulting Group, which highlights industry leaders within the telematics sector to provide useful guidance to insurers.

As part of the research, telematics suppliers are ranked based on a number of criteria including operational footprint, product range and track record. As a result, it provides a comprehensive picture of the UBI marketplace and is the leading market forecast of telematics solutions within the motor insurance sector offering detailed strategic research, market analysis and recommendations.

Nick Vlok, CEO of Ctrack’s parent company DigiCore commented: “Ctrack is an innovative technology solutions company that continues to identify new telematics solutions that will suit the changing motor insurance sector. With new trends that have accelerated exponentially, we look forward to maintaining our offering that meets and delivers to global standards.”