#OPES #Insurance #cooperates #IMS #mobile #telematics
LONDON, UK and WATERLOO, ON, CANADA, Nov. 07, 2022 (GLOBE NEWSWIRE) — OPES, the first all-digital insurer in Vietnam, has partnered with IMs, the global connected insurance solutions company to offer smartphone app-based telematics insurance to motorists in Vietnam. The new product “O∙Car”, which uses the IMS One App SDK to provide its core functionality, was launched earlier this month>.
OPES is owned by Vietnam Prosperity Joint-Stock Commercial Bank (VPBank) and according to Paul Stacy, Chief Executive Officer at IMS, the product will be the first fully digital, telematics-based insurance offering in Vietnam and will target the approximately 3 million drivers in the country country.
Paul said: “O∙Car uses the IMS One App SDK together with our patented IMS Wedge (IMS’s patented BLE IOT Sensor add-on) which helps to identify the insured’s vehicle. Together, this connected insurance technology evaluates driving style and the resulting data is used to…
Read on GNW: OPES Insurance cooperates with IMS for mobile telematics
