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INSURANCE INDUSTRY

USE CASES

ANTI-THEFT SOLUTION AND STOLEN VEHICLE RECOVERY

Vehicle theft is one of the world’s fastest growing crimes as thieves turn to using highly advanced equipment, e.g. jammers. By jamming GPS signals, the criminals aim to interfere and inhibit the performance of a tracking device – its ability to monitor and gather important information.

VEHICLE INSURANCE TELEMATICS

The chunk of insurance pay-out and claims are used to settle car accidents and thefts. There are at least 7-8 million cases of stolen vehicles around the world every year and this number keeps growing. Figures in traffic accident statistics are even greater.

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