CMT adds DriveWell Fleet to Geotab Marketplace for telematics-based insurance
Key Highlights
- DriveWell Fleet helps fleets use telematics data for insurance pricing and risk evaluation.
- Safer fleets may gain access to more accurate premiums through driving behavior data.
- Geotab integration expands access to telematics-based commercial insurance programs.
Cambridge Mobile Telematics (CMT) recently added its DriveWell Fleet platform to the Geotab Marketplace, expanding access to telematics-based commercial auto insurance solutions for fleets using Geotab devices.
The integration allows Geotab customers to activate DriveWell Fleet using existing connected vehicle data while helping insurers better understand fleet risk and develop behavior-based pricing. DriveWell Fleet converts telematics service provider data into normalized, high-frequency insights that can support risk selection, segmentation, and insurance pricing.
CMT said the platform helps fleets demonstrate safety performance through actual driving behavior rather than relying only on traditional insurance factors.
The solution addresses a gap in commercial auto insurance adoption, as CMT said fewer than 5% of policies are priced using telematics data despite more than 30% of vehicles already being connected to a telematics service provider. According to a CMT spokesperson, DriveWell Fleet allows insurers to distinguish between fleets that actively manage safety through driver monitoring, coaching, and technology adoption and those with higher risk profiles.
“For more than a decade, CMT has helped insurers use telematics to better understand risk, reduce crashes, and save lives. With DriveWell Fleet, we’re bringing that same approach to commercial auto insurance around the world,” said Ben Bowne, CMT’s SVP of business development & partnerships. “By joining the Geotab Marketplace, we’re making it simple for fleets to connect to our platform and for insurers to access high-quality driving data at scale. This expands our global reach and helps insurers deliver better pricing and outcomes for fleets and their drivers.”
