Profile

Cover photo
Black Box Insurance Reviews
Worked at BlackBoxInsuranceReviews.com
Attended University of Hull
120 followers|50,369 views
AboutPostsPhotosVideos+1's

Stream

 
Deal sees Catlin get £85m for its stake in technology-based business.
1
Add a comment...
 
London, UK (PRWEB) November 27, 2014 The insurance telematics market is in its nascence. The world insurance telematics sector in 2013-end was worth USD 4
1
Add a comment...
 
Sprint Newsroom - the official site for press releases, photos, video, audio, pr contact information, presskits and more.
1
Add a comment...
 
 
It's #RoadSafetyWeek and this year we're helping encourage drivers to be considerate and  #LookOutForEachOther  

Want to find out more? This blog post by our sister company +insurethebox has everything you need to know:
View original post
1
Add a comment...
Have him in circles
120 people
Autonet Insurance's profile photo
卞辰己's profile photo
Jessica Stone's profile photo
USAinsured's profile photo
Accident Claims Calculator's profile photo
aditya kumar's profile photo
Brilly Ant's profile photo
Flood Risk Solutions's profile photo
Dan Calladine's profile photo
 
Robert Terry to exercise option to buy the 57pc of Ingenie he doesn't own
1
Add a comment...
 
What is the usage based insurance market size? How does the connected car ecosystem work? What is the ideal value chain for UBI? What about young drivers?
1
Add a comment...
 
The platform is flexible to fit to the growing needs of global insurance enterprises, where the market is expected to grow $100B plus by the end of the decade.
1
Add a comment...
 
 
We're on day 5 of #RoadSafetyWeek

No excuses - always #BuckleUp  
View original post
1
Add a comment...
People
Have him in circles
120 people
Autonet Insurance's profile photo
卞辰己's profile photo
Jessica Stone's profile photo
USAinsured's profile photo
Accident Claims Calculator's profile photo
aditya kumar's profile photo
Brilly Ant's profile photo
Flood Risk Solutions's profile photo
Dan Calladine's profile photo
Work
Employment
  • BlackBoxInsuranceReviews.com
    CEO
Basic Information
Gender
Male
Story
Tagline
Black Box Insurance - What is it? Who does it? How good are they? Read our reviews, get thet latest news, take part in a poll, join the debate.
Introduction
         
Iain MacSween, founder of blackboxinsurancereviews.com speaks to Trusted Car Buyers about a new revolutionary type of car insurance which he expects will soon become a standardised package for all drivers’ insurance.

He told us:

‘If you are anything like me you will distrust Insurance companies. You will distrust insurance companies, banks and politicians. Time and time again we put our trust in these people only to have that trust abused.’

His story begins four years ago. After reading about black box insurance and its possible implications for the future of drivers in the UK, he decided to set up the Black Box Insurance Reviews site.

This was at the very beginning of the black box revolution and although there was little information at that time, what I did was read and understand that black box insurance will revolutionise car insurance.

The logical conclusion is that black box insurance will become global and will be the standard insurance package for all drivers. It has to be. There is no other option. The simple fact is that this device has the capacity to stop the carnage that occurs on roads worldwide on a daily basis.

Let’s combat high casualty rates

If this simple device can change the driving and behavioural patterns of road users, it can lead to a dramatic reduction in deaths and serious injury.

Globally the statistics are horrendous, even in the supposedly more advanced countries like the UK and USA with better built infrastructure the statistics are untenable.

1,754 deaths and 23,039 reported casualties in Great Britain in 2012

36,200 deaths and 3.9 million reported casualties in the USA in 2012

In addition to devastating human loss, motor vehicle crashes present a significant national cost in lost wages and productivity, medical expenses, administrative expenses, employer costs and property damage. The estimated cost of motor vehicle deaths, injuries and property damage in the USA for 2012 was $276.6 billion, a 5-percent increase from 2011.

If this is the case then the aim of any rational government has to be the reduction of these horrendous statistics by the introduction of this type of vehicle tracking and by making it compulsory. The only way to do this is by passing laws that make the installation of telematics boxes to all new cars.

My concern was that black box insurance will become compulsory in the near future and having reviewed some of the companies who will be offering black box insurance policies I was concerned about the level of service that was being offered.

I was dismayed when I first heard about black box insurance. The thought that I would have every journey monitored and be judged on it for my insurance premiums horrified me.

However, the more I researched into black box insurance, the more I realised the potential that it offered. It can be a force for good if, properly monitored, and it can save thousands of lives and tens of thousands from serious injury and reduce the NHS bill by billions.

Not to mention saving families the length and breadth of the country from going through the trauma, loss and grief associated road with traffic deaths and injuries.

Black Box Insurance Reviews have been following and reporting on the emerging black box insurance market for nearly four years now and have managed to collate that information and bring it to you in an concise, constructive and impartial way.

We deliver the truth, the facts about black box insurance and how it will affect you, we give you unbiased reviews on all the major providers and up to date facts figures and information for you to disseminate and make your mind up on whether or not this type of insurance is for you.

Black Box Insurance Reviews benefits you

Black Box Insurance Reviews will benefit you by letting you know who the best black box insurance providers are and which company will be best for you when you come to renew your policy. The site is all about you, it is controlled by you, and only you can ensure the accuracy of the information about the individual black box insurance providers.

When you put in your review and rate each provider the site will place each provider in order of the review scores that they receive resulting in a league table that shows site visitors black box insurance providers in order of rank.

This will enable visitors at a glance to see who the top performing providers are and enable them to make an informed decision on which provider that they would like to use according to their requirements.

When it is noted through the reviews that there seems to be a particular problem then we will run a poll on that issue and send the results to the offending company asking them to fix the problem. We can hopefully work with companies to resolve any issues that may arise with this new technology and help to smooth the transition to monitored insurance.

Black box insurance is new, it is revolutionary just like this site, it will take time to resolve all the issues that will arise but with this site and your help we will make a difference. It will take time to build up the reviews section of the site but the news and information side is up to date and accurate.

I would recommend that you read what the companies are offering and see which company best suits your needs before making a decision.

Black Box Insurance in 2014: What the Future Holds

We have been studying this market for the past four years and are confident that if certain criteria are met then black box insurance will actually become a tool for enriching your driving experience.

Far from becoming the overlord who monitors and punishes miscreant drivers it will become an interactive driving tool that aids and abets your driving experience. It will educate and inform drivers on how to get the best performance from their car whist driving at the optimum speed and fuel efficiency for the road and conditions that they are on.

It will become a driving buddy, not a driving boss

Black box insurance is growing phenomenally and is ever-changing. As technology improves, it will soon change from simply a data gathering black box into an interactive learning tool with head up display and this is when people will begin to realise the potential  that this form of insurance offers.

The fact that that it is linked to an insurance company will be irrelevant as all cars will have to be linked. What is relevant is that you will be responsible for your own driving record and if you would like to be the best driver that you can possibly be, then this interactive system will teach you how to be the safest, most fuel efficient driver that you can be.

It will also enable you to get the best driving score that you can which will allow your insurance company to offer you the lowest priced policy that they can.

Lower premiums

As this technology rolls out and insurance claims drop the insurers will be in a position to lower premiums in general as their profit margins increase.

With black box insurance the risks in the future will reduce dramatically as the accident rate and claim rate goes down as individual drivers improve and regulate their driving, offering insurance providers a better profit margin, which in turn, should be reflected in the general level of car insurance quotes.

When you combine that with the fact that there will be less crime involving cars, the future for black box looks good.

Reduce crime

It may seem an implausible statement, however, if black box insurance became compulsory only the most inept of car thieves would contemplate stealing a car. If every car in the country was monitored it would be impossible to drive in a vehicle that was not tracked without attracting attention from the police.

Even if you managed to steal a car, your every move from the minute you turn the ignition on will be recorded, your crime will be there of file recorded and ready for dispatch to the courts from the second it starts until the second you are caught.

Over the last decade, more and more motorists have been found to have been involved in a deliberately staged accident for a quick insurance pay-out by unscrupulous gangs.

With the advent of black box insurance and the introduction of dual mount ‘dash cams‘ the days of these criminal gangs are numbered.

Organised crime reduced too

Another bonus would be that organised crime gangs and drugs traffickers would find it impossible to move about with the freedom that they now enjoy. If police suspected someone of either being in a terrorist organisation, a member of an organised crime gang or being a drug trafficker, they could apply to the court to have your vehicle monitored and you would not even know about it.

With this information they could track your movement, find out where you go and whom you associate with. They could even backtrack your movements to link you to previous crimes or reveal where you have stored illegal weapons, stolen goods, or drugs. There will be no hiding place for those who intend to use vehicles in their criminal activities.

Black Box Insurance Reviews: Looking Out For You

Black Box Insurance Reviews will be looking out for you now and in the future. They have set out to monitor all the black box insurance providers and their products, report all the latest news and developments, and give you a platform to air your views.

Therefore, Iain asks you to play your part: get involved with Black Box Insurance Reviews, leave a comment, join the debate, take part in a poll or leave a review. Help us to help you and spread the word: tell you friends, family, like, share and tweet.

Spread the word BlackBoxInsuranceReviews.com are the premier UK black box insurance review site help us keep it that way.

Bragging rights
Bragging rights The UK's first independent black box insurance review site. Established in 2012 Black Box Reviews have become the premier go to site for the latest up to date information on black box telematics insurance and first port of call for those seeking independent reviews on all the latest black box insurance providers and telematics apps.
Education
  • University of Hull
Black Box Insurance Reviews's +1's are the things they like, agree with, or want to recommend.
Data privacy: the law versus public opinion | PTOLEMUS Consulting Services
www.ptolemus.com

Dealing with data privacy in telematics insurance is not just about complying

Have You Been the Victim of Black Box Road Rage
blackboxinsurancereviews.com

Have You Been the Victim of Black Box Road Rage - Don't stand for it find out how you can stop incidences of road rage happening to you. Qui

Black Box Insurance Reviews
plus.google.com

The Premier Black Box Insurance Review Site