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Collision Management Systems Choose Concirrus and Telenor Connexion to Enter Fleet Risk Management Market

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Telenor Inc.
23046 Avenida de la Carlota
Laguna Hills, CA, 92653
USA



Press release date: December 9, 2013

Telenor Connexion - Innovative incident data solutions provider launches the first advanced eFNOL and claims assessment solution designed for the Internet of Things

Concirrus Ltd, a leader in cloud-based software for the Internet of Things, today announced that Collision Management Systems has chosen the Concirrus Connect platform to launch its solution for the fleet risk management market.

The new DriveGuard solution utilises next generation telematics technology combined with the latest Internet of Things platform, both from Concirrus, to deliver an unparalleled level of technical flexibility and real-time intelligence for those dealing with the incident and claims process.

By gathering more information and combining this with unique research, the DriveGuard system provides powerful insight and a holistic view of incidents from first notification of loss through to the settlement of claims, dramatically reducing costs and exposure to fraud.

"Core to the system is the cross-platform capabilities of the Telenor Connexion network to ensure that when an accident does occur, crucial information from the vehicle can always be retrieved in real-time," said Dean Woods, Head of UK & Ireland for Telenor Connexion "and it is applications such as these that clearly demonstrate the power of our network."

"The use of telematics in the insurance industry is gathering pace and has proven to be invaluable tool for identifying and managing risk. However, the DriveGuard solution represents a true step forward in utilising telematics data and the Internet of Things to handle claims more efficiently," said Andrew Yeoman, CEO of Concirrus "and we are excited that Collision Management Systems has chosen the Concirrus platform on which to operate that solution. Combined with the wide range of hardware 'things' now certified on the platform it means that Concirrus customers can focus on building their business, not building the technology."

Charles Smith, CEO of Collision Management Solutions explained "We chose Concirrus as their platform allowed us to provide a leading edge and powerful solution in a remarkably short period of time. It is testament to the experience of the Concirrus team in the Internet of Things and telematics market that we have been able to deliver this solution to market quicker than we could have otherwise conceived. During our initial market testing there has been a great reaction from fleets, accident managers and insurers who see DriveGuard as the perfect tool to reduce their increasing claims costs."

About Collision Management System Ltd:
Originally looking at the use of collision data to enable validation of injury and damage claims, CMS quickly developed into a cradle to grave provider of data driven incident and claim solutions for fleets, insurers and claim supply chains. Backed by unique research and next generation telematics technology, CMS prides itself on delivering powerful solutions quickly, simply and effectively.

Learn more at www.collisionmanagementsystems.co.uk.

About Concirrus Ltd
Concirrus was formed to make it easy for companies to design, build and operate solutions for the Internet of Things (IoT). With 10-years of experience combined with a proven methodology and a cloud-based platform for managing 'Things' Concirrus has simplified the Worlds of IoT and M2M into a multi-award winning service for our customers.By relying on Concirrus to power their connected products, companies are transforming their business by improving service, being more informed, reducing costs, generating new revenue streams and in some cases even saving lives with solutions including fleet management, usage-based insurance, smart metering, e-health, asset tracking and more.
Learn more at www.concirrus.com.

Concirrus - making the connected world a simpler place.

About Telenor Connexion

At Telenor Connexion we design and operate connected business solutions. Building on more than 15 years of experience, a strong solutions portfolio and our collaborative approach, we make it easy to realize the value of connected services. Together with companies such as Volvo, Nissan, Scania, Hitachi, Securitas Direct and Telcare we have designed smart and innovative connected solutions deployed across the globe. We support our customers throughout their entire product lifecycle - from solution design to operations and future development. By partnering with Telenor Connexion you are ensured a reliable and secure end-to-end solution that can evolve over time. Our headquarters and tech centre are located in Sweden and we have regional offices in UK, Germany, France, US and Japan. Telenor Connexion is wholly owned by Telenor Group, one of the world's major mobile operators.

For more information please visit www.telenorconnexion.com.

About Telenor Connexion

At Telenor Connexion we design and operate connected business solutions. Building on more than 15 years of experience, a strong solutions portfolio and our collaborative approach, we make it easy to realize the value of connected services.

Press Contact

Kristina Grandin
Kristina Grandin
Communications Manager
PR & Marketing Communications
kristina.grandin@telenor.com
+46 (0) 734 25 26 21

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