Core Insights - Cambridge Mobile Telematics (CMT) has launched a new telematics product, DriveWell Fleet, aimed at enhancing pricing and underwriting decisions in commercial motor insurance [1][4] Group 1: Product Overview - DriveWell Fleet allows insurers to utilize driving data from a broader range of commercial portfolios by integrating data from connected vehicles and proprietary hardware for fleets lacking telematics devices [1][2] - The product addresses existing gaps in coverage, data consistency, and program integration that have hindered telematics adoption in commercial motor insurance, with less than 5% of policies currently priced using telematics data [2] Group 2: Data Access and Integration - The platform enables access to standardized, high-frequency driving data from multiple third-party telematics service providers (TSPs) through a bring-your-own-device (BYOD) model [3] - CMT's platform integrates with TSPs such as Samsara, Verizon Connect, Lytx, Netradyne, and Linxup, covering over 80% of the connected commercial vehicle market [5] Group 3: Hardware Solutions - For fleets without embedded telematics, CMT offers two hardware options: Tag Pro for smaller fleets and Tag Max for heavy and long-haul vehicles, both designed for easy installation and data transmission [8] Group 4: Impact on Insurance - The product is positioned to refine risk selection and pricing accuracy for insurers, potentially affecting premium levels and loss ratios across commercial motor portfolios [6] - Insurers can access vehicle- and fleet-level data through a central portal to support underwriting, segmentation, and policy pricing [6]