LoJack Mexico partners with GNP to combat car theft across Mexico

LoJack México, a brand of CalAmp that provides stolen vehicle recovery services, has signed a partnership agreement with Mexican insurer GNP Seguros to combat car theft by having it install its technology in new and pre-owned vehicles insured by GNP at Michelin Car Centers and auto dealers across Mexico.

LoJack México aims to substantially increase the rate of stolen vehicle recoveries across Mexico by collaborating with GNP and the broader insurance sector in Mexico. Insurers encourage policyholders to install LoJack SVR technology in their vehicles to take advantage of better policy rates and greater peace of mind, while keeping their policies competitive, reducing portfolio risk and decreasing claim reimbursement expenses.

“Our recovery costs last year for stolen vehicles totaled US $2 million (₱64 million pesos). This program is critical not only to reduce our exposure but to provide our customers with a greater sense of security that their vehicle is protected against the nationwide rise in stolen vehicles.” – Omar Perez, Technical Director of Cars at GNP Seguros.

“With leading-edge GPS technology and direct collaboration with local law enforcement, our complete solution can dramatically increase the stolen vehicle recovery rate above 80% across Mexico. Our goal is to increase installations by over nine percent per month as we work to expand industry-wide access to this program.” – David Román, general director of LoJack México.