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Telef贸nica strikes first M2M insurance telematics deal in Germany

Monday, 11 November 2013

Telef贸nica today announced that its German subsidiary has signed a deal with Sparkassen DirektVersicherung to bring the first insurance telematics product to Germany in January 2014. The product will offer significant security services and the potential for consumers to save money on their car insurance. It will also encourage safer driving, while at the same time securely protecting personal driving data. The product is a M2M solution based on Telef贸nica鈥檚 Insurance Telematics service.