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Targa Telematics recognised as a sample vendor in the Gartner® Hype Cycle™ for property and casualty insurance, 2024

By focusing on innovation, Targa Telematics reinforces its commitment to helping insurers provide more flexible, accurate and customer-focused policies.

Targa Telematics, a leading global player in the field of technologies dedicated to the Internet of Things (IoT) and the development of digital solutions and platforms for connected mobility, has been recognised as a Sample Vendor for Insurance Telematics 2.0 category in the Gartner® Hype Cycle™ for Property and Casualty Insurance, 2024 report (1).

According to Gartner, “This Hype Cycle tracks the development, adoption, and maturity of technologies and trends within the property and casualty insurance sector. P&C insurance CIOs can use this Hype Cycle to help guide investment and strategy decisions.”

The Gartner report states that, “As the business model around telematics matures, insurers need more advanced telematics offerings to combine additional data, hosting and integration to deliver a new range of behavior- and usage-based products, and support tasks such as claims, fraud, and prevention programs. Telematics 2.0 does this and supports CX needs, especially around consumer engagement, personalization and reward programs.”

Targa Telematics provides a comprehensive portfolio of solutions for the insurance market, utilising diverse data sources such as aftermarket devices, OEM data streams, and mobile-as-a-sensor technology. By leveraging these advanced digital solutions, Targa Telematics enables insurance partners to combat fraud, streamline claims management, and create precise risk profiles through automated accident reconstruction and driving behaviour analysis.

The Company also provides customised insurance solutions through its innovative Usage-Based Insurance (UBI) telematics solution ‘Targa Drive’ that enable pay-how-you-drive and pay-per-drive pricing models that are based on actual driving behaviour, distraction driving and distances travelled. Targa Drive leverages a smartphone app to gather data on driving conditions, enabling insurers to generate predictive and personalised risk scores.

By focusing on innovation within the insurance sector, Targa Telematics reinforces its commitment to helping insurers provide more flexible, accurate, and customer-focused policies, meeting their client needs.

About Targa Telematics

Targa Telematics is the leading European player and a global leader in the field of AIoT and the development of digital solutions and platforms for connected mobility. The company – for over 25 years – has been bringing to the market a range of technological solutions for telematics, smart mobility and IoT platforms for short and long-term rental companies, financial companies and large fleets, ranging from insurance telematics to asset and fleet management, from diagnostics and remote telemetry of vehicles, professional and construction site vehicles, to the management of airport vehicles. Targa Telematics, of which Viasat Group is an integral part, has a strong presence in Europe (Italy, England, France, Spain, Portugal, Belgium, Poland, and Romania) – as well as in Chile – and is capable of operating on international projects with dedicated local teams. Targa Telematics participates in the United Nations Global Compact, adhering to its principles based on a responsible business approach.

For more information: www.targatelematics.com

Targa Telematics

Elena Bellini, Head of Marketing, Mobile +39 335 135 1277 elena.bellini@targatelematics.com/uk-en
Susanne Furini, Communication Manager, Mobile +39 345 7274925 susanne.furini@targatelematics.com/uk-en

Barabino & Partners

The migration was delivered with the support of Gruppo Zenit, a Managed Service Provider and long-standing partner of Targa Telematics. Gruppo Zenit contributed to the project from the definition of the target architecture through to migration management and ongoing environment monitoring. Through structured workload analysis and live migration strategies, the transition was completed with minimal disruption, ensuring full business continuity throughout the process. Today, Gruppo Zenit provides 24/7 operational support, delivering infrastructure and application monitoring, Network Operations Centre (NOC) services, incident, patch and backup management, and continuity assurance.

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