Telogis has acquired the insurance telematics and fleet management business of UTC Fire & Security, a division of United Technologies Corp.
Included in the transaction is Onboard Advisor, UTC’s safety-driven insurance service focusing on loss prevention and risk reduction provided by Liberty Mutual Agency Corp.
“This acquisition positions Telogis for growth in insurance telematics by accelerating our ability to leverage our robust enterprise software platform into UTC's Onboard Advisor and Navlogix subscriber base,” said Dave Cozzens, CEO, Telogis. “The insurance telematics market is growing rapidly and there is a great opportunity to apply our advanced location intelligence and sophisticated data analytics in ways that will revolutionize how insurers serve their clients. UTC customers will experience the enhanced benefits, broader scale, enhanced customer support and more advanced features and functionality of the premium Telogis platform.”
