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.”
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Through Embroker Access, brokers are able to offer all of Embroker’s digital insurance products to their customer base, allowing them to benefit from coverage, instant quotes, and average premium savings of more than 25%. With the integrated management portal, brokers can maintain an overview of all their clients and their coverages, easily track, renew, or change their policies, and manage payments digitally.