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Targa Telematics Recognized with Frost & Sullivan’s 2024 European Customer Value Leadership Award for Its Pioneering Role in Telematics Insurance Solutions

Published

5 months ago

July 10, 2024

Targa Telematics delivers cutting-edge technology and tailored insurance solutions to its clients, setting a new benchmark in the industry and generating substantial insurance cost savings.

SAN ANTONIO, July 10, 2024 /PRNewswire/ — Frost & Sullivan recently researched the telematics insurance industry and, based on its findings, recognizes Targa Telematics with the 2024 European Enabling Technology Leadership Award. Targa is a leading innovative solution provider that enhances driving behavior analysis, risk assessment, and insurance personalization for short- and long-term rental companies, leasing and insurance operators, and large fleet managers.

Targa’s state-of-the-art technology platform and deep industry knowledge help European insurers stay ahead of the curve by offering comprehensive solutions that encompass hardware, software, and data analytics. The company’s telematics platform provides real-time data on driving behavior, vehicle usage, and environmental conditions, enabling insurers to develop more accurate risk profiles and tailor their policies to individual drivers. By integrating advanced machine learning algorithms and artificial intelligence, the company delivers highly personalized and efficient insurance products that meet the evolving needs of its clients.

A dedication to insurtech innovation and customer-centric solutions is reflected in Targa’s collaborative approach with clients. The company works intimately with insurers to understand their unique challenges and develop tailor-made solutions that cater to their needs. With this collaborative approach, Targa has successfully implemented numerous telematics insurance programs across Europe, providing significant value to insurers and policyholders, reducing accidents, and dramatically lowering costs.

“Moreover, the growing adoption of connected vehicles, coupled with advancements in in-car services, data generation, and safety awareness, has led to increased demand for tailored insurance solutions in Europe. Targa’s expertise in technology and understanding of regional needs positions the company as a valuable partner for insurers seeking to implement successful telematics insurance programs,” said Parduman Satpal, Senior Research Analyst – Mobility Media at Frost & Sullivan.

Targa is positioned at the forefront of this shift, providing insurers with the tools to develop and deploy effective insurtech programs. Moreover, the company enables insurers to enhance risk assessment processes, provide more accurate assessments, and improve customer satisfaction.

With the ability to adapt to regional needs and regulatory environments, Targa has further solidified its position as a leader in the industry. A deep understanding of local markets allows the company to create highly relevant solutions for European markets, such as Spain, France, Belgium, Poland, and Italy. This localized approach ensures that Targa’s clients can meet the ever-evolving needs of their customers while complying with regional regulations and standards.

“[Targa] commands over 35% market share for installed insurance telematics devices across Europe; its diverse range of products tailored to different consumer segments positions it as a comprehensive solution provider for all telematics-related insurance needs,” noted Samantha Fisher, Best Practices Research Analyst.

Each year, Frost & Sullivan presents this award to a company that develops a pioneering technology that enhances current products and enables new product and application development. The award recognizes the high market acceptance potential of the recipient’s technology.

Nicola De Mattia, CEO of Targa Telematics, remarked: “Targa Telematics offers a range of products for the insurance market, enabling the development of detailed and reliable profiles, as well as optimal risk management, both for private and corporate clients and for insurance companies. This award highlights the value that Targa Telematics brings to the insurance market, thanks to its constant drive for digital innovation and its deep understanding of both industry dynamics and the specific needs of insurance clients. A solid positioning recognized internationally, further strengthened by the acquisition of the Viasat Group and Drive-IT”

Frost & Sullivan Best Practices Awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Contact:

Tarini Singh
P: +91- 9953764546
E: [email protected]

About Targa Telematics
Targa Telematics is one of the leading global players in the field of IoT and in the development of digital solutions and platforms for connected mobility.

With over 20 years’ experience in connected vehicles, it provides technological solutions in telematics, smart mobility and digital IoT platforms for mobility operators. The company targets short- and long-term tenants, large financiers and large fleets, with a range of services from insurance telematics to asset and fleet management, remote diagnostics and telemetry for vehicles, professional and construction site vehicles, as well as airport service vehicle management.

With the acquisition of the Viasat Group in 2023, Targa Telematics has strengthened its presence in European markets, with a strong presence in Italy, England, France, Spain, Portugal, Belgium, Poland and Romania, as well as in Chile, with the capacity to operate within international projects with fully dedicated local teams.

Targa Telematics is a participant in the United Nations Global Compact and shares its principles based on a responsible business approach.

www.targatelematics.com

TARGA TELEMATICS   
Elena Bellini, Head of Marketing, Cell. 39 335 135 1277 [email protected]  
Susanne Furini, Communication Manager, Cell. +39 345 7274925 [email protected]  

Barabino & Partners
Camilla Giacomelli, Tel. 0044 (0)7570 561 249 [email protected]

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COCA Celebrates Q2 2024 with Record-Breaking Milestones and New Launches

Published

4 months ago

August 7, 2024

CISION (PR Newswire)

HONG KONG, Aug. 7, 2024 /PRNewswire/ — COCA, a pioneering force in the crypto wallet and financial services industry, has achieved several remarkable milestones in Q2 2024. Thanks to the steadfast support of its user community, COCA has launched new features, expanded its partnerships, and garnered prestigious accolades, further solidifying its position as a leader in the crypto space.

Launch of Physical Cards

COCA has introduced its highly anticipated physical cards, which are now available globally and compatible with Apple Pay and Google Pay. These cards allow users to make transactions with ease, earning cashback rewards on their purchases. This significant launch marks a step forward in integrating crypto with everyday financial activities, enhancing user convenience and financial flexibility.

Wallet Growth Milestone

The company has reached a significant milestone with 510,000 active wallets, reflecting a 102% growth quarter-on-quarter. This surge in active wallets highlights the increasing trust and adoption of COCA’s platform, as more users join the COCA community to manage their crypto assets securely and efficiently.

Transaction Volume Surge

In Q2 2024, COCA processed over USD 450,000 in transactions through its platform, demonstrating the robust usage and popularity of its financial services. This impressive transaction volume underscores COCA’s commitment to providing smooth and efficient crypto payment solutions.

Integration with Revolut

COCA has made it easier for users to fund their wallets by integrating with Revolut. This new feature allows seamless loading of crypto assets, enhancing the overall user experience and accessibility of COCA’s services.

Award Recognition

COCA has been honoured with the “Best Startup” award in the Financial Revolution category at CONF3RENCE & BLOCKCHANCE 2024. This award is a testament to COCA’s innovative approach and significant impact on the future of finance, recognizing its efforts in driving forward the digital financial ecosystem.

New Strategic Partnerships

COCA has formed strategic partnerships with industry leaders such as Wirex Pay and GoMining. These collaborations aim to provide users with enhanced rewards and a superior overall experience. The partnerships signify COCA’s dedication to expanding its ecosystem and delivering greater value to its users.

Welcoming Pavel Matveev

COCA is excited to announce the addition of Pavel Matveev, Founder of Wirex, to its team as a Strategy and Product Advisor. Pavel’s extensive experience and visionary approach are expected to drive COCA’s strategic initiatives and product development, contributing to the company’s continued growth and innovation.

Season 2 Point System Launch

Season 2 of COCA’s popular point system has launched, offering users the opportunity to earn points through various activities, including trades, referrals, holding assets, and spending with COCA cards. With a prize pool of USDT 3500 and 5 Wirex Pay Nodes, this season promises exciting rewards and increased user engagement. The season ends on August 9th, so users are encouraged to participate actively.

NFT Giveaway

In a special giveaway, COCA distributed 1000 GoMining NFTs to lucky users. These NFTs provide unique benefits, including enhanced mining capabilities and exclusive digital collectibles, adding significant value to the user experience.

For further details on COCA’s Q2 achievements and upcoming initiatives, visit the company’s blog.

Website: coca.xyz

COCA continues to redefine the crypto experience with its innovative solutions, seamless integrations, and user-focused approach. The company’s recent milestones and future plans highlight its commitment to leading the way in the digital financial landscape.

About COCA

COCA is a next-generation crypto super app designed to simplify and secure the crypto experience for users worldwide. With innovations in security, usability, and integration, COCA is at the forefront of the digital asset revolution. For more information, visit coca.xyz.

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Latest News

Stake and Earn with KuCoin’s Innovative GemPool Platform

Published

4 months ago

August 7, 2024

CISION (PR Newswire)

VICTORIA, Seychelles, Aug. 7, 2024 /PRNewswire/ — KuCoin, a leading global cryptocurrency exchange, is excited to announce the launch of GemPool, its innovative new platform that allows users to acquire token airdrops as a reward for staking their crypto assets. This unique product is designed to provide early access to emerging crypto projects while offering rewards for their existing holdings at zero cost. By staking respective tokens in separate pools, users can farm new tokens and gain a foothold in the latest developments within the cryptocurrency market.

GemPool also offers flexible staking terms, allowing users to stake and un-stake their assets anytime within the designated period without lock-up restrictions. This flexibility ensures that users can manage their assets according to their preferences and market conditions. Additionally, GemPool provides zero-cost rewards, enabling users to earn tokens while holding their existing cryptocurrencies. By staking their tokens, users contribute to the growth of promising new projects, supporting innovation and development within the crypto space. With completion of tasks offered, users are eligible to earn multiplier bonus and receive more rewards.

Users can participate by staking KCS, USDT, or other specified assets in designated pools. The rewards are earned according to the respective yields of the pools, ensuring a fair and exciting experience for all users.

For more information on how to participate and the benefits of GemPool, please visit the KuCoin GemPool page.

About KuCoin

Launched in September 2017, KuCoin is a leading cryptocurrency exchange with its operational headquarters in Seychelles. As a user-oriented platform with a focus on inclusiveness and community engagement. It offers over 900 digital assets across Spot trading, Margin trading, P2P Fiat trading, Futures trading, and Staking to its 34 million users in more than 200 countries and regions. KuCoin ranks as one of the top 6 crypto exchanges. KuCoin was acclaimed as “One of the Best Crypto Apps & Exchanges of June 2024” by Forbes Advisor and has been included as one of the top 50 companies in the “2024 Hurun Global Unicorn List”. Learn more at https://www.kucoin.com/.

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Trust Wallet Launches Gamified Education Platform and Loyalty Program to Enhance and Reward Web3 Learning

Published

4 months ago

August 7, 2024

CISION (PR Newswire)

DUBAI, UAE, Aug. 7, 2024 /PRNewswire/ — Trust Wallet, the world’s leading self-custody Web3 wallet and Web3 gateway trusted by over 130 million users, has launched Trust Wallet Quests, a gamified education platform within the Trust Wallet mobile app which encourages users to earn points while exploring and learning about Web3.

Users can engage in task-based challenges ranging from quizzes to complex problem-solving scenarios composed of various DeFi and Web3 activities, all designed to deepen their understanding of blockchain technology and decentralized applications (dApps), and expose them to exciting opportunities within Web3. As an incentive, users will earn Trust Points, a loyalty-based points system designed to reward user activity within the Trust Wallet mobile app. With Trust Points, users can earn rewards upon the completion of specific tasks, making Web3 more rewarding and fun.

In the future, Trust Points will offer additional gamification features, such as unlocking achievements, badges, and levels. This interactive approach not only boosts individual learning but also contributes to broader community education and adoption of decentralized technologies, making Trust Wallet Quests a dynamic and exciting way to reward loyal users and engage with communities in Web3.

On the motive for launching Trust Wallet Quests, Eowyn Chen, CEO of Trust Wallet, stated: “The complex technology and fast-paced industry can be intimidating for both new and seasoned users. The introduction of Quests on Trust Wallet further solidifies our commitment to making it easier for millions to navigate Web3, aligning perfectly with our mission to build a seamless Web3 hub and open ecosystem for all.”

Nate Zou, Head of Product at Trust Wallet, highlighted what to expect from Trust Points and Trust Wallet Quests: “Trust Points and Quests are just the first iteration of a much-needed reward system for our community. Within 2024, we have plans to build on this, combining rewards with many of our other web3 product offerings. Overall, we envision this points system not only changing how users engage with Trust Wallet, but also encouraging more collaboration between Trust Wallet, our users and other web3 ecosystem players.”

Trust Wallet Quests and Trust Points are now available on both Android and iOS versions of Trust Wallet’s mobile app. Download here: https://short.trustwallet.com/TrustWalletQuests

About Trust Wallet

Trust Wallet is the self-custody, multi-chain Web3 wallet and Web3 gateway for people who want to fully own, control, and leverage the power of their digital assets. From beginners to experienced users, Trust Wallet makes it easier, safer, and convenient for millions of people around the world to experience Web3, access dApps securely, store and manage their crypto and NFTs, buy, sell, and stake crypto to earn rewards, all in one place and without limits.