New kinetiQ.Drive product combines market-leading telematics tech with deep sector expertise to transform commercial underwriting
IMS, a global leader in telematics and connected motor insurance solutions, has announced a strategic partnership with specialist commercial MGA kinetiQ Underwriting, aimed at revolutionising insurance for the UK commercial motor market.
kinetiQ Underwriting is launching a new product under the kinetiQ.Drive brand, designed specifically to accelerate growth in its commercial motor portfolio. Rolling out late spring, the product will be available through selected broker partners and is set to deliver smarter, fairer insurance for commercial motor customers.
The offering leverages IMS’s advanced telematics technology, combining a smartphone app with a windscreen-mounted IMS Wedge device that records and analyses driving behaviour. Once paired with the app, the system captures real-time data to support risk-based pricing and claims validation, offering customers access to fairer premiums based on how they drive.
Steve Kerrigan, VP Growth (EMEA) at IMS, praised the innovation behind the new product:
“kinetiQ is bringing something genuinely fresh to market, addressing a traditionally underserved but fast-growing sector with a modern, data-driven solution. We’ve seen the power of telematics in personal motor insurance, and this collaboration brings that capability to commercial lines, where it’s long overdue.”
“We believe this partnership has the potential to reset the bar for the sector. By combining our IMS One App and Wedge hardware with kinetiQ’s underwriting and distribution strength, we’re bringing MGAs, brokers, and drivers into a smarter, more sustainable future,” he added.
Richard Cross, COO at kinetiQ, said the partnership represents a major step forward for specialist commercial motor insurance:
“kinetiQ.Drive brings together cutting-edge telematics with data-driven underwriting at a time when the taxi market is ripe for innovation. With strong broker distribution and rising demand, we see major opportunities across the wider commercial motor market.”
“Our broker partners are key to this strategy, and we’re confident they’ll see strong demand from clients looking for a fairer, tech-enabled insurance solution.”
About IMS
IMS is a global leader in connected insurance solutions, leveraging advanced telematics to support smarter pricing, customer engagement, risk management, and claims efficiency. With operations across the UK, Europe, and North America, IMS has analysed over 40 billion driving miles, delivering insights powered by trillions of data points. Learn more: https://ims.tech
About kinetiQ Underwriting
kinetiQ Underwriting is a specialist commercial Managing General Agent (MGA), backed by over two decades of industry expertise. kinetiQ focuses exclusively on delivering innovative insurance solutions for the motor and wider commercial sectors.
Blending advanced technology with intelligent data insights and the expertise of its people, kinetiQ is redefining traditional underwriting models and driving meaningful change across the industry. kinetiQ has a mission to empower its broker partners with agile, tailored products that meet the evolving needs of modern commercial clients.
From product development to distribution, kinetiQ places smart technology, data-led decision making, and close broker collaboration at the core of everything kinetiQ does, revolutionising the insurance landscape, one kinetiQ product at a time.
Learn more: https://www.kinetiqunderwriting.co.uk/
