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Norwich Union awards Trafficmaster Pay as you go insurance 5 year deal (TFC)     

Bluedolphin - 05 Oct 2005 13:45

">http://Chart.aspx?Provider=EODIntra&Code=TFC&SiTrafficmaster PLC
05 October 2005

5 October 2005



Trafficmaster signs 5 year contract to work with Norwich Union on "Pay As You
Drive"TM Insurance



Trafficmaster, the leading supplier of digital traffic information and
intelligent in-vehicle services, has signed a five year contract with Norwich
Union (NU) to deliver "Pay As You Drive"TM (PAYD) insurance services to the
motorist.



Trafficmaster will supply NU with an initial quantity of 10,000 advanced "
black-box" in-car units in the first half of 2006. The black box, which is
already being used for both Trafficmaster's navigation unit Smartnav and
tracking device RAC Trackstar, identifies the location of the vehicle to allow
the delivery of PAYD insurance.



NU customers will be offered comprehensive products that provide cost effective
insurance together with a raft of optional in-vehicle services. These will
include safety camera warnings, Smartnav navigation, emergency and breakdown
calls and stolen vehicle tracking from RAC Trackstar.



Tony Eales, Chief Executive of Trafficmaster, said "This is a major new market
for Trafficmaster as it not only provides large scale deployment of our
in-vehicle units but also provides an opportunity to sell our other compelling
services. The deal provides a new way to deliver Smartnav and it will allow us
to offer insurance products to many of our own subscribers."



Stephen Doran, Director of Business Development at Norwich Union said "Our
partnership with Trafficmaster will allow us to deliver some very compelling new
customer propositions combining "Pay As You Drive" TM Insurance from Norwich
Union with a range of added value in-vehicle services that Trafficmaster will
deliver. Norwich Union have been the pioneers of PAYD insurance in the UK, and
this partnership will allow us to take the programme to the next level."



-ends-


Trafficmaster Tel: 01234 759 300
Tony Eales, Chief Executive
Stuart Berman, Executive Director

Financial Dynamics Tel: 020 7831 3113
Ben Atwell / John Gilbert



Trafficmaster

Founded in 1988, Trafficmaster Plc is the UK's leading journey management
company providing high quality satellite navigation, traffic data and vehicle
tracking systems.



Trafficmaster's traffic information is derived from its unique state-of-the-art
network of nationwide static roadside sensors and transmitters that gather and
distribute traffic data from over 8,000 miles of motorway and trunk routes.
Traffic data is then delivered to the customer through a number of screen or
speech-based receivers. These include a variety of in-car products and services
that include its satellite navigation - Smartnav, Trafficmaster Monitor, YQ(2),
Oracle and Freeway units. Traffic information can also be obtained by phoning
the 1740 service, which is run in partnership with the RAC and the UK's main
mobile phone operators.



The traffic data provided through Trafficmaster RDS TMC is used, in conjunction
with third party satellite navigation systems, to route drivers around
congestion. The data is broadcast on licensed radio networks owned by GCap Media
Plc and Chrysalis Radio and is provided to original equipment manufacturers
(OEMs) or direct to automotive manufacturers.



For more information please visit www.tmc.co.uk or www.trafficmaster.co.uk or
contact:



Pay As You Drive (PAYD)



Pay As You Drive is the concept of insurance charging based upon usage.



About Norwich Union Insurance

Norwich Union is the UK's largest insurer with a market share of around 14 per
cent.

With a focus on insurance for individuals and small businesses, Norwich Union
insures:

- One in five households

- One in seven motor vehicles

- Around 800,000 businesses



Norwich Union products are available through a variety of distribution channels
including brokers, corporate partners such as banks and building societies and
Norwich Union Direct.



Aviva, Norwich Union's parent company, recently announced its acquisition of the
RAC. The acquisition brings together the RAC's powerful brand and customer base
with the expertise and leading position in motor insurance of Norwich Union
Insurance.




This information is provided by RNS
The company news service from the London Stock Exchange
END

CNTUUGQAUUPAGMC

TANKER - 25 Oct 2005 14:45 - 33 of 222

still at it kat.they will it 15p.

Red Underwing - 31 Oct 2005 09:04 - 34 of 222

Trafficmaster to fit Smartnav system in new Peugeot 407 models

http://www.moneyam.com/action/news/showArticle?id=1030832

Seems like a useful move :-)

Fly by Night

Red

TheMaster - 31 Oct 2005 09:09 - 35 of 222

What with the insurance market and good motor sale targets, moving up to 50p by the end of the year.

katcenka - 31 Oct 2005 17:10 - 36 of 222

its only a winter promotion though, go on to peugeot.. its not perm..

BUGGER!!!!

Ron Kleet - 31 Oct 2005 17:26 - 37 of 222

Well thats a bind aint it Kat when fusy told you so earlier!!!

katcenka - 01 Nov 2005 20:26 - 38 of 222

did you watch the new peugeot advert... it was more like a SMARTNAV advert...

Nice one TFC... now buy some bloody shares mr Director

rocket man - 01 Nov 2005 21:38 - 39 of 222

Hello investers this is my first post on this matter,the market makers on this particular stock are taking the p--s they are like pixeys hideing away until everyone forgets about it.This stock will rise very quickly when the pixies wake up.Buy this stock soon,I am not ramping this stock up,do your own research.This is word from the ROCKET MAN.

55011 - 01 Nov 2005 22:20 - 40 of 222

A regular dose on TV at prime time will make for some interest in TFC. Anyone know how long the campaign will be running?

katcenka - 01 Nov 2005 22:40 - 41 of 222

yes I do, the campaign is running till march 2006 ;-) lovely jubbly

55011 - 01 Nov 2005 22:53 - 42 of 222

Nice indeed. That will do TFC no harm at all.

katcenka - 01 Nov 2005 22:58 - 43 of 222

the word is Norwich Union is going to launch pay as you drive not just for 18-23 years old but for everyone as from january 2006... apparently alot of people old and young have applied for it, its going to be a very very big success, the goverment wants to piggy back TFC's black box for the road charge...

this company will become a billion company with in a year, easy!!! QXL will look like a spec in comparison

Also note, all the other manufacturers will follow peugeot like they did in 2003, so expect to see at least one or two announcements a month from the company re standard fits, next one is citroen

katcenka - 09 Nov 2005 10:56 - 44 of 222

Director today buys 15,000 shares in TFC

WOW

bristlelad - 09 Nov 2005 18:20 - 45 of 222

I read in the weekend press that the system is not working at the proper rate iehigh mileage motorist are

bristlelad - 09 Nov 2005 18:21 - 46 of 222

not being charge the right amounts etc etc /

katcenka - 10 Dec 2005 10:04 - 47 of 222

starting to move back up... trading statement due any day now

Kivver - 10 Dec 2005 11:02 - 48 of 222

15,000 cor, wow weeeeeeeeeeeeee, FANTASTIC, amazing, whoooooooooooo whhhhhhoooooooooooooooooooooooooooooo. This should flyyyyyyyyyyyyyyyy now!

katcenka - 11 Dec 2005 21:41 - 49 of 222

in 2003 Peugeot was first, then Jeep chrysler... guest what...

look who is going standard fit for satnav in 2006

The Jeep Cherokee now comes equipped with ESP (Electronic Stability Program) and a tyre pressure monitoring system as standard across the model range. The Sport model also has alloy wheels and a spare wheel cover as standard while the Limited model features sat-nav, part-leather trimmed heated seats and an electric sunroof as standard and all for less than the 2005 model.
Simon Elliott, Managing Director of Chrysler Group in the UK said: "The 2006 model boasts a host of new standard equipment but without any price increase. In fact, our best selling Limited model gets heated part-leather seats and sat-nav but is 1035 cheaper than last year!

and more!!!

Sony Sat Nav
Ive bullied this focus group before, but I dont care, they deserve it. Audi TT Owners, May I Have Your Attention Please! Sony has made something silver and shiny for your silver and shiny car.






Similar to Hollywood types who spell names like Jill as Gyll, the nav-u is a suitably preposterous name for its new range of satellite navigation devices. Two units make up the offering, the NV-U50 and the NV-U70T. Each has a large 3.5in colour, touch screen display with 80 degree angle and run Sonys own proprietary (of course) GPS chip.

A dynamic re-routing function and real-time traffic information means both models can adjust journey plans on the fly, while a two way speaker system with 1.6W woofer should ensure clear voice instructions. Map coverage is pretty good, expanding a users chosen region by up to five countries and border areas, including neighbouring cities. The NV-U70T also offers pan European coverage (27 countries with 15 languages), which puts my knowledge of GCSE French into some perspective.

Inside the boxes are a variety of essentials such as the GPS antenna, a car cradle kit and European map package and they will be winging their way to your local shops (hopefully via the most expedient route) in January 2006. Pricing is currently stuck at a red light.


dont forget Garmin is now advertising on TV... and TFC supply the data...

this has huge potential now, best get in now



Kivver - 11 Dec 2005 22:25 - 50 of 222

you said that 8 months ago, have a look on one of your 6 threads you started.

katcenka - 11 Dec 2005 22:44 - 51 of 222

And the Best Gadget of 2005 is...


14 November 2005 - The excitement is almost too much to bear, who will you vote to be awarded the title of best gadget of 2005?

Fourteen days after reader voting started and so far it looks like the Garmin Street Pilot C330 GPS unit seems to be winning the race to become the readers choice in The Fluffies The pocket-lint.co.uk gadget awards 2005 with 24% of the vote.

http://www.pocket-lint.co.uk/news.php?newsId=1948

Trafficmaster signs informal 3-yr deal with Garmin

LONDON (AFX) - Trafficmaster PLC said RAC Trafficmaster Telematics, its
joint partnership with RAC, has signed a three-year agreement with Garmin Ltd, a
manufacturer of GPS receivers and automotive navigation units, to provide its
Radio Data System Traffic Message Channel traffic information service.
Trafficmaster said the service will be on Garmin's latest premium satellite
navigation products, the StreetPilot c340 and StreetPilot 2720 GPS Navigators.
newsdesk@afxnews.com
nes/



Kivver - 12 Dec 2005 08:17 - 52 of 222

off to a flyer up 0.93% on the news. now 27.25p
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