O2 Drive(s) down motor insurance premiums with latest IoT offering

Mobile network operator (MNO) O2 claims to be the first mobile company in the UK to offer car insurance with the launch of its IoT-based monitoring service, O2 Drive. Alongside O2 Drive, the MNO has released a telematics proposition know as Box on Board, which was built with the assistance of Junction, insurance provider BGL Group’s brand partnership arm. Both versions of the policy aim to encourage safer driving, while providing exclusive perks and potential discounts on insurance premiums.