Telematics provider snags NY state contract

Telematics provider snags NY state contract | Insurance Business America

Telematics provider snags NY state contract

Telematics provider IGEN Networks Corporation has announced its successful bid to provide its commercial fleet solution, Medallion GPS, to New York counties.

With the successful bid, all political subdivisions and districts in New York state will be entitled to purchase fleet services from the awarded contract. IGEN’s Medallion GPS fleet services will include the company’s patented “Digital Telematics Signature,” which offers greater accuracy in measuring and scoring driver behavior in light commercial fleet vehicles.

“Fleet owners today must provide driver scores for their drivers to qualify for commercial fleet insurance,” said Neil G. Chan, CEO of IGEN Networks Corporation. “A large part of county vehicles are self-insured, which offers an excellent fit for Medallion GPS capabilities. We expect our first deployments with the New York state counties will become a benchmark and reference for other counties across the US, particularly in the initial states that IGEN is approved for bidding.”

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Those initial states include Pennsylvania, Michigan, Tennessee and California, Chan said.

“The number of commercial fleet vehicles amongst these qualified states is estimated to range from 120,000 to 180,000 total light commercial vehicles,” he said.