RAC Insurance has partnered with Ticker to offer enhanced driver telematics products for new and young drivers.
The product is aimed at 17 to 21-year-olds who have passed their test in the past two years, or slightly older people who have passed their test in the past eight years.
It consists of a self-fit telematics box, which rewards good driving with future insurance premium reductions, and also allows drivers to retain their no-claims bonus if hit by an uninsured driver.
David Buxton, CEO at RAC Insurance, said: “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 will also launch dedicated products for older drivers, and customers who drive low annual mileages.
Ticker launched in 2019, and provides connected driving products that aim to reduce insurance costs and encourage safer driving.
Richard King, CEO of Ticker, said: “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.”
