MotoGP telematics for road riders

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The sponsorship of Ducati Desmosedici GP14.1 bikes run by the Pramac Team starting from the Mugello GP is a high profile projection of the company’s motorcycle telematics package aimed at reducing premiums for customers.

It will provide the Pramac with innovative telematics data analysis tools that will benefit team racers, Yonny Hernandez and Danilo Petrucci,and regular motorcyclists alike.

Octo Telematics is set to launch Octo Rider 1, the first telematics insurance product expressly conceived and developed for two-wheeled vehicles, onto the European market.

It claims to provide motorcyclists with personalised insurance policies based on the “pay as you drive” concept.

The system also includes a series of added value services such as motorbike geo-location, to help in the event of theft, and emergency service requests for serious accidents.

“Since 2002, we have embarked on a strategic track that has allowed us to develop the telematics insurance sector both in Italy and internationally. We daily provide value added services to help our partners manage our 3.2M active customers,” explains Fabio Sbianchi, CEO Octo Telematics. “Rider 1 marks a new step in the cutting-edge technological services that are being developed by Octo.”

Octo Rider 1includes:

·         Pay Per Use– allows insurance companies to calculate insurance premiums on the basis of the total distance driven annually or on the period of the day during which the vehicle is routinely used (ie, night time or off-peak use);

·         Pay As You Drive– allows insurance companies to personalise the premium based on the type of roads (rural, urban, motorway) driven. The data acquired via the telematics device allows insurance companies to personalise policies based on policyholder driving style and use;

·         Stolen Vehicle Recovery– allows motorbikes to be geo-located by the user via a service centre that will also activate the motorbike recovery process;

·         Alert Services– these include special added value services such as Battery Charge Alerts (Rider 1 monitors battery performance and alerts drivers via SMS or e-mail if the battery charge is low or problematic) and Battery Disconnect Alerts (notifies drivers via SMS or e-mail if the battery is disconnected).

Octo Rider 1 is a compact, energy-efficient telematics device that is powered by a rechargeable battery. It includes a state-of-the-art microprocessor, a three-axis precision accelerometer and a GSM module with a built-in antenna and a GPS/GLONASS receiver.

All the data collected by Rider 1 is relayed to the Octo Data Centre, crunched and analysed to provide motorcyclists with a wide range of dedicated cutting-edge services. All policyholders can access their personal data via the on-line dashboard available on the Octo Web Portal.

The Octo Data Centre currently manages over 150,000 data points a minute and analyses this information to provide clients and insurance companies with competitive insurance premiums, a range of cutting-edge services to increase driver safety and road security, and reduce insurance fraud.


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