AIG Ireland has called for legislation to make telematics-based insurance mandatory for all drivers under the age of 25. AIG believes that by making telematics mandatory, many lives will be saved.
Declan O’Rourke, General Manager of AIG Ireland commented, “During last weekends’ National Slow Down Day, Gardaí detected a total of 225 vehicles breaking the speed limit one of which was a motorist travelling at 177km/h in a 100km/h zone in Co. Donegal.”
“We are seeing exactly the same pattern and crucially, the technology now exists to identify these reckless and irresponsible drivers. For example, at AIG we have recently cancelled young driver policies for driving at 193km/h on a motorway and 170km/h on a secondary road. Eradicating reckless driving will reduce the threat to drivers, passengers and the general public.”
“We feel telematics is a win-win, not just for road safety but also for our customers, many of whom are delighted with the cost savings, and being rewarded for safe driving.”
“In addition, the Cost of Insurance Government Action Plan supports the use of technology to benefit consumers. AIG supports this recommendation and believes telematics is part of the answer to reduce costs for safe drivers and promote road safety”.
AIG is committed to promoting safe driving and has gained tremendous insight into Irish driver behaviour over the last four years since bringing telematics insurance products to the Irish market, consisting of BoxyMo, XLNTdriver Mobile App and AIG BoxClever.
These products offer motorists a combination of discounted premiums, real-time information and timely feedback on their driving, to ultimately improve their driving behaviour and make Irish roads safer.
