Cambridge Mobile Telematics (CMT) is a leading company in the telematics industry, which involves using technology to monitor and improve driving behavior. The company primarily serves auto insurance companies, fleet operators, and individual drivers. By leveraging mobile technology, CMT collects data on driving patterns, such as speed, braking, and phone usage, to provide insights that help improve road safety and reduce accidents.

CMT operates in the auto insurance and transportation markets, offering solutions that enable insurers to better assess risk and reward safe driving. Their business model revolves around partnering with insurance companies to integrate their telematics platform into insurance products. This allows insurers to offer usage-based insurance (UBI) policies, where premiums are determined by the actual driving behavior of the policyholder. Additionally, CMT provides fleet management solutions that help companies monitor and improve the safety and efficiency of their vehicle fleets.

The company makes money by licensing its technology to insurance companies and fleet operators. These clients pay for access to CMT's platform, which includes mobile apps and data analytics tools. The platform helps insurers reduce claims costs by encouraging safer driving and allows fleet operators to lower operational costs through better vehicle management.

CMT's commitment to innovation and safety is evident in its partnerships with industry leaders like Desjardins General Insurance Group and MAPFRE. By continuously improving their technology and fostering an inclusive work environment, CMT aims to make roads safer for everyone.

Keywords: telematics, auto insurance, fleet management, driving behavior, road safety, usage-based insurance, data analytics, mobile technology, risk assessment, partnerships.