Vodafone making progress on strategic alliance with Towers Watson

Telecoms giant Vodafone said Tuesday that it and Towers Watson, a global professional services company, are 'moving forward' with a strategic alliance to fast-track the development and introduction of telematics usage-based insurance offerings for motor insurance companies operating outside of North America.

Telecoms giant Vodafone said Tuesday that it and Towers Watson, a global professional services company, are 'moving forward' with a strategic alliance to fast-track the development and introduction of telematics usage-based insurance offerings for motor insurance companies operating outside of North America.

The company said that the combination of its Vehicle Connect service and Towers Watson's 'DriveAbility' programme will mean insurers can get new services to the market at an accelerated pace and at a "competitive" cost.

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