Ignite partners Marmalade as telematics partner
12 October 2017 – Ignite Insurance Systems (Ignite), a market-leading insurance software provider for insurance brokers and MGAs, has been chosen by Marmalade, the young driver insurance specialist, to provide digital systems for its new young driver telematics project. The partnership will see Ignite provide its telematics platform for Marmalade’s “New Driver – Family Car” cover. The cover is offered to provisional and fully licensed drivers who use a parent’s car rather than their own when they are initially learning and licensed to drive. The cover is underwritten by specialist motor insurer Markerstudy.
Ignite’s digital platform enables Marmalade to access in-depth journey tracking from a black box and mobile app. All tracked journey details are available for review through an online portal, accessible by both the driver and their parent. Data on acceleration, braking, cornering and speed are logged for review through the portal.
The pilot of this project was launched in January and is now being rolled out to Marmalade’s 300+ broker partners across the UK. Ignite has already successfully tracked over 250,000 journeys. Future product developments will use Ignite’s machine learning technology to identify driving styles without the need for drivers to log journeys via the app.
Toby MacLachlan, Managing Director of Ignite said: “Marmalade has been visionary in providing drivers with a scheme that provides freedom to learn safe driving, without being hindered by high insurance costs. Our systems are capable of supporting this vision with the flexibility, responsiveness and consistency that is vital.”
Crispin Moger, Chief Executive Officer of Marmalade said: “We chose Ignite because we needed a partner with the knowledge and experience to help keep us at the forefront of telematics innovation. They have provided us with the technology that allows us to bring our young customers the coverage they need to drive with confidence.”
For more information, contact:
Full Circle Corporate Communications
Tel: + 44 (0)207 267 7887
Note to editors:
About Ignite Insurance Systems
Ignite Insurance Systems is a market-leading insurance software provider, offering flexible, reliable technology for insurance brokers and MGAs. We provide end-to-end policy management, from quote & buy online to full-cycle EDI schemes.
We provide a complete back and front office system for insurance businesses: prospect capture, new business, MTAs, cancellations, renewals, rating engine, document production, taking payment, buy online, and integrated accounts.
We are unique in being entirely web-based and in using a single shared code base: so all our clients get upgrades every month.
Ignite Insurance Systems is a trading style of Ignite Software Systems Ltd.
For more information, please visit www.ignite.systems.
Marmalade is the leading provider of car insurance and cars for young drivers. Founded in 2006, it helps young drivers get behind the wheel, keeps them safe, improves their driving skills and saves money.
As a champion of young people, Marmalade provides a range of products that specifically meet the needs of young people – and their parents – today. These include:
- Learner Insurance – is tailor-made for provisional drivers, enabling them to drive a parent’s car from as little from as little as £1.87 per day, without risking the owner’s No Claims Bonus.
- New Driver Insurance (Your car) – Marmalade offers low insurance premiums from the outset as we trust our customers to be safe and responsible drivers. This policy is based on telematics technology – black boxes are installed into the insured car to enable young drivers to review their journeys and to ensure that the young person is not driving dangerously, so they can potentially save hundreds on their premiums. There are no curfews with the black box and it provides added security in case of an accident or vehicle theft.
- New Driver Insurance (Family car) – Designed for young drivers aged 17-27, this policy is a unique way for a young driver to get insured on a parent's car without risking their No Claims Discount. It's an annual policy in your name which runs alongside your parent’s car insurance that only covers the young driver when you are behind the wheel.
- Cars for young drivers - Marmalade is the only UK insurance company to offer free insurance from aged 17 through its Fuel & Go scheme. The scheme, which uses black box technology, enables young people to buy a new car with free insurance for the first year for a fixed monthly price. Free insurance available is in selected postcodes. Where Marmalade can’t offer free insurance, it will offer a contribution towards their deposit or insurance.
For more information, please visit www.wearemarmalade.co.uk/.