In partnership with Cambridge Mobile Telematics (CMT), the world's leading mobile telematics and analytics provider,
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In the MyCincinnati app, policyholders can see the scores for all drivers on the policy, including young drivers. This visibility allows policyholders to address risky behaviors and improve driving habits for all in the family.
RideWell, CMT's industry-leading telematics platform, rewards safe drivers and provides personalized insights based on an individual driving score. The behavior score is based on five risky behaviors: speeding, harsh acceleration, braking, sharp cornering, and phone use. The app shows drivers when and where they were driving when any of the risky behaviors occurred and generates a trip score based on CMT's behavioral scoring algorithm.
Each driver with favorable scores may receive an additional discount up to 18% at annual renewal. This is on top of a 10% initial discount at sign up - depending on the state and the driver's age.
Every day CMT analyzes millions of miles traveled by millions of drivers. Its research indicates that feedback and user engagement can be impactful on distracted driving, with the top 30% of drivers on their platform reducing phone distraction by 39% after 30 days.
"When drivers are given the opportunity to save money and improve safety, they reduce risk for all who share the roads while taking control of what they pay for insurance," said
RideWell is currently available to
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About Cambridge Mobile Telematics
CMT is the world's largest smartphone telematics provider, powering 65 programs around the globe with leading insurers, automotive manufacturers and mobile network operators. Using mobile sensing and IoT, machine learning, and behavioral science, CMT's telematics platform measures driving behavior to empower driver improvement and reduce risk, provides instant crash alerts and roadside assistance to drivers in need, and creates a smooth connected claims process to reduce costs and improve efficiency. CMT has more drivers on the roads, analyzes more data, enables smarter choices and gets better results. To learn more, visit www.cmtelematics.com.
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SOURCE
Investor Contact: Dennis E. McDaniel, 513-870-2768, CINF-IR@cinfin.com OR Media Contact: Betsy E. Ertel, 513-603-5323, Media_Inquiries@cinfin.com