Telematics firm Insurance & Mobility Solutions (IMS) has sued German motor insurer HUK-Coburg Group for its use of a smartphone-based telematics technology.
The lawsuit relates to HUK-Coburg Group’s Telematik Plus offering, provided by Cambridge Mobile Telematics, which uses telematics technology and the usage data it provides to offer its customers rates that are adapted to the individual driving style and habits of the respective policyholder.
The IMS group is the owner of more than 120 patents related to road safety, connected car and mobile applications, including smartphone-based telematics technology.
As demand for Usage-Based Insurance (UBI) in both personal lines and commercial lines continues to surge globally, accelerated by the reducing cost of connected vehicle data and increased consumer acceptance of UBI, the company is seeking to protect its investment in developing these new technologies by enforcing several patents that they believe are infringed by third parties.
IMS is demanding, among other things, an injunction and a declaration that the defendants are obliged to pay damages.