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RoSPA signs insurance telematics deal

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The Royal Society for the Prevention of Accidents (RoSPA) has signed an exclusive agreement with insurance telematics specialist MyDrive Solutions.

The agreement will provide MyDrive with access to a fleet of RoSPA qualified advanced drivers.

This means that MyDrive Solutions will not only be able to record the driving behaviour data of its customers, but will be able to compare this to the profile of an advanced driver, developed using the data collected from the RoSPA advanced drivers.

RoSPA’s head of driver training Rick Wood and his team have worked alongside the MyDrive software engineering team to certify the correct indicators to determine true driver capability.

MyDrive has installed its Dynamic Drive Recorder into the vehicles of RoSPA advanced drivers which collect second-by-second driver analysis information.

This data will be used, on an on-going basis, to assess all the drivers who use the MyDrive technology against a robust, credible and objective benchmark.

The algorithm will be used to provide insurers with an accurate driver profile that will allow them to price premiums based on an accurate level of risk rather than the previous ‘proxies’ of age, gender, marital status and postcode.

Linden Holliday, CEO of MyDrive Solutions, said: “In building our capability, we were conscious that we had to have a credible, objective benchmark against which we could measure driver capability.”

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