Ticker is Live

UK-based Ticker is live.

Established in 2018 and led by Richard King, the company has launched a telematics insurance offering for new drivers between the age of 17 to 55; targeting ~8m drivers. “Over the next year, we’ll add several more propositions that will give us a target audience of close to 13 million UK drivers.” Once insured, Ticker mails the Ticker box for the insured to stick on his/her windscreen. The box is then paired with a smartphone app. Get a feel for its UI below:

Last, Ticker has raised close to £5m and has an MGA agreement with Munich Re’s Digital Partners. Bottom Line: The better the driving, the sweeter the renewal, with “no surprise increases every time you pop over the speed limit.”