Trakm8 Holdings PLC Contract Award
02 Diciembre 2021 - 1:00AM
RNS Non-Regulatory
TIDMTRAK
Trakm8 Holdings PLC
02 December 2021
REACH 02 December 2021
Trakm8 Holdings plc
('Trakm8' or the 'Company')
Contract Award
TRAKM8 HOLDINGS PLC AWARDED CONTRACT WITH TICKER LIMITED TO
SUPPORT DELIVERY OF PAY-PER-MILE INSURANCE PROPOSITION
Trakm8 Holdings plc (AIM: TRAK), the recognised leader in
technology solutions for insurance telematics, connected car data
and fleet management, is pleased to announce that the Company has
been awarded a contract with Ticker Limited to provide the data
management solutions and devices for their pay-per-mile offering,
which will be launched early in the new year.
Trakm8's real-time vehicle sensor car data will complement
Ticker's pricing sophistication and data capabilities, with an
initial contract term of three years.
John Watkins, Executive Chairman, commented: "Ticker is one of
the UK's fastest-growing motor insurtechs, and we are pleased to
partner with them following a competitive trial process. We are
looking forward to working with the team at Ticker and supporting
the delivery of their pay-per-mile product."
- Ends -
For further information:
Trakm8 Holdings plc
John Watkins, Executive Chairman Tel: +44 (0) 167 543 4200
Jon Edwards, CFO www.trakm8.com
Arden Partners plc (Nominated Adviser Tel: +44 (0) 20 7614 5900
& Broker)
Paul Shackleton, Corporate Finance www.arden-partners.com
Simon Johnson, Corporate Broking
About Trakm8
Trakm8 is a UK based technology leader in fleet management,
insurance telematics, connected car, and optimisation. Through IP
owned technology, the Group uses AI data analytics collected from
its installed base of telematics units to fine tune the algorithms
that are used to produce its' solutions; these monitor driver
behaviour, identify crash events and monitor vehicle health to
provide actionable insights to continuously improve the security
and operational efficiency of both company fleets and private
drivers.
The Group's product portfolio includes the latest data analytics
and reporting portal (Trakm8 Insight), integrated
telematics/cameras/optimisation, self-installed telematics units
and one of the widest ranges of installed telematics devices.
Trakm8 has over 255,000 connections.
Headquartered in Coleshill near Birmingham alongside its
manufacturing facility, the Group supplies to the Fleet,
Optimisation, Insurance and Automotive sectors to many well-known
customers in the UK and internationally including the AA, Saint
Gobain, EON, Iceland Foods, Parts Alliance, Direct Line Group,
ByMiles and Ingenie.
Trakm8 has been listed on the AIM market of the London Stock
Exchange since 2005. Trakm8 is also recognised with the LSE Green
Economy Mark.
www.trakm8.com / @Trakm8
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