ThingCo aims to bring a successful telematics strategy to world markets utilising state of the art technology to address many of the technical, practical and regulatory challenges faced by conventional telematics models.
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ThingCo is an insurtech company, set up in January 2018 by Mike Brockman (Founder and ex CEO of Insurethebox), focusing on developing Next Generation Telematics using the latest technology.
He is supported by Richard Trebble (Partnerships Director) and Jonathon Valentine (CTO and Director). Both held senior positions at Insurethebox.
ThingCo's core proposition and services are built around a next generation device (which offers telematics, HD Cameras, ADAS underpinned by AI and Intelligent Voice), a State of the Art communication platform built on AWS with serverless technology, and an App for customer engagement and interaction.
ThingCo has developed a POC ("Proof of Concept") program where ThingCo business Partners can road-test the technology before committing to any longer-term relationship or proposition.
The aim of the POC is to demonstrate and quantify "asset value" to the business, test the new technology for learn and development and to formulate a plan for strategic roll-out if appropriate.
The POC will require at least 50 devices for trial, including professional fitting, which could be fitted into volunteer staff member vehicles.
ThingCo will provide customer Apps to each member of staff and will demonstrate the effectiveness of driving scores, ADAS, Voice features and use, in-car risk management, video downloading on accident alert and access to raw data.
ThingCo will charge a fixed fee of £50,000 excluding VAT for this service which includesa workshop presentation.
theo is ThingCo's consumer brand, designed to put the driver back in control of their own data, helping them convert their data into cheaper insurance, recieve rewards for good driving, and most importantly, get help and assistance straight away when they have an accident.
The theo product is underpinned by ThingCo's platform, for everything from box management and driver scoring to the AI Intelligent Voice used to help customers at detection of a crash.