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Telematics – an intelligent future, like it or not
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Aug/Sept 2008
Insurer CBG forms telematics partnership with Eagle-i
More evidence has emerged that fitting telematics systems in vehicles can help reduce insurance claims. CBG Group, a corporate insurance intermediary, has formed a strategic partnership with one specific telematics specialist, Eagle-i Telematics, under which the two companies say they will be promoting the benefits of Eagle-i's Monitor3 telematics system to CBG corporate customers. There is no indication at this stage of how much discount on insurance costs is likely to be enjoyed by companies that fit the Eagle-I system, but CBG talks of lower accident rates and reduced repair costs 'which should ultimately translate to lower premiums'. One of the first users to take up the option is CJ Services, a point-of-sale equipment installation and sales operation. The company has implemented Eagle-i's Monitor3 system in all 85 of its vehicles as a condition of new two-year preferential fleet insurance policy with CBG. This recognises the use of Monitor3 as an effective ongoing fleet risk management tool. 
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