Trak Global Group develops hardware & app-based telematics platforms for the usage-based insurance and mobility markets, both in the United Kingdom and overseas. The group has also launched a new Mobility Division to service growing demand for its products and services in the sharing and gig economies. Its in-house young driver insurance broker Carrot Insurance and external insurer partners use the data generated to reward safe driving with lower premiums; automotive partners offer free insurance underpinned by the group's technology; on-demand insurers use its scoring algorithm embedded in their own apps to provide dynamic insurance pricing; while fleet partners use the group's app-based solution Appy Fleet to improve driver safety and optimize efficiencies.