Xirgo Technologies, Inc., a leader in wireless M2M communication devices has reached a new agreement to sell onboard diagnostic (OBD) devices to insurance companies who commit to licensing Progressive’s Usage Based Insurance (UBI) patents by June 30, 2013.
“Insurance companies who license Progressive’s IP can now quickly and efficiently roll out UBI services using Xirgo Technologies hardware.”
Shawn Aleman, chief sales and marketing officer at Xirgo Technologies, said:
“We are positioned to provide all features of our products, and this represents the necessary element for a seamless product launch and integration with the highest vehicles eligibility level in the UBI industry.”
Xirgo Technologies pioneered zero-install OBD/cellular devices in 2007 as Progressive’s exclusive partner. With over 1.5M OBD devices deployed and over 7 billion miles of driving data captured over various makes and models of vehicles, Xirgo Technologies is the leader in providing hardware for UBI.
“Our goal is to keep Xirgo Technologies at the forefront of the M2M market by constantly introducing new products and services that will set the bar for others to follow,” continued Aleman. “This new supplier agreement with Progressive Insurance helps us reach that goal.“