RAC Insurance partners with Ticker

RAC Insurance has announced an exclusive partnership with telematics insurance provider Ticker to license and distribute a suite of connected motor insurance products.

Beginning this week, a new telematics insurance policy will be offered by RAC to new and young drivers, followed by further products for older drivers and those who drive low mileages. All products will be available via the RAC website and listed across the leading price comparison websites.

Ticker, which launched in 2019, offers a variety of telematics-based policies in partnership with Accredited and Hannover Re.

“This is the beginning of an exciting journey for us as we relaunch some tried-and-tested telematics insurance products alongside some brand-new ones, aimed at drivers who we feel aren’t currently well-served by the market. Having the right partner to help us do this was vital and we’re delighted to be working with Ticker – a well-regarded, forward-thinking company and a genuine innovator in the insurance technology space. Whether it’s motorists starting their driving careers and looking for a competitive insurance policy, or lower-mileage drivers looking for a better deal, we have the products that meet their needs. And, by expanding our telematics-based insurance portfolio, we’re encouraging a new generation of safer drivers – something that complements the wider work the RAC does to promote improved safety on the roads.” – RAC Insurance CEO David Buxton.

“The motor insurance landscape is shifting. Having new levels of data, including driving behaviour and the use of AI, is critical to remaining competitive. This partnership is the missing piece of the jigsaw for us: we’re now working with a major motoring brand. It’s going to be a significant step-change for Ticker to be in partnership with the RAC, one of the most recognised and respected brands in the UK.” – Ticker founder and CEO Richard King.