IMS provides connected insurance and mobility solutions to global insurers, mobility operators, automotive OEMs and governments, gathering and interpreting data from connected devices and vehicles to help organizations manage driver and vehicle risk.
It is one of the world’s largest telematics companies, with hubs in the UK and North America and technology deployed in over a dozen countries. IMS is part of Trak Global Group, which also houses the award-winning connected insurance provider Carrot Insurance, a pioneer in the use of rewards to influence driver behaviour and the innovator behind one of the first app-based motor insurance propositions, which represented the UK’s first mass-market usage-based insurance product.
In September 2019, private equity house Three Hills Capital Partners took a significant minority stake in Trak Global Group, providing in excess of £40m in growth capital.
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