Insurance provider invests in new tech to understand customers better

Endsleigh Insurance

The UK’s most well known student insurance provider has partnered with telematics company Ingenie, to launch ‘Endsleigh Loop’.

Cheltenham-headquartered Endsleigh has signed a contract with Leatherhead-based Ingenie Business for an end-to-end telematics, behavioural coaching, data analytics, policy administration and claims management system.

The product will be targeted at Endsleigh’s core market of young drivers and university students. Ingenie Business’s data analytics which uses latest machine learning and neural network data science, will enable Endsleigh to better understand risk, influence driver behaviour, reduce claims, and price more effectively, whilst rewarding positive driving behaviours.

Jonathan Law, Managing Director of Ingenie Business said: “We are delighted to have partnered with Endsleigh, it is testament to our continued investment in insurance technology, our focus on driver safety, and further solidifies our position as a driving force in the growing connected insurance ecosphere.”