Cambridge Mobile Telematics, the world’s largest telematics service provider, today announced that it has opened a new office in Tokyo, Japan.
The expansion comes as CMT grows its business in Japan, already powering the telematics programs for two of Japan’s top four largest auto insurers. The new Tokyo office, with business and technical telematics experts, will strengthen CMT’s ability to deliver localized services and solutions. The investment reinforces CMT’s commitment to making driving safer and more sustainable in Japan.
“Over the past few years, CMT has rapidly expanded its global footprint, becoming the trusted partner for the largest auto insurers on six continents. Japan’s history of innovation and commitment to making roads and drivers safer makes it the ideal location for our first office in East Asia,” said CMT’s William V. Powers, CMT co-founder and CEO. “We have amazing Japanese partners today, and we’re excited to provide them and our future partners with the best telematics solutions and services in the world with our Japan team.”
With its AI-powered DriveWell Fusion® platform, CMT can help the entire Japanese mobility ecosystem offer more data-driven, personalized relationships with drivers to make roads and society safer. CMT’s technology supports dashcams but also goes well beyond them with its app and Tag solutions. The CMT platform has enabled Japanese insurers to reach drivers who don’t have or won’t purchase dashcams, and reach them at a much lower cost. These programs, which are customized for the Japanese market, have a wide range of experiences that engage drivers, including rewards, fuel efficiency insights, CO₂ emissions measurement, safe driving contests, insurance discounts, and more.
2023 marked the first year that Japan has seen an increase in road fatalities in eight years, rising to 2,678. There were more injuries and crashes in 2023 as well, with over 1,400 crashes caused by distracted driving. The increase in fatalities reduces the chances that the government will meet its goal of reducing annual road fatalities to 2,000 by 2030. Car crashes cost the Japanese economy about $76 billion annually.*
CMT, through its partnership with Aioi, is already contributing to safer roads in Japan. Aioi has reported that its telematics program, which has over 1.9 million drivers, has helped reduce crash frequency by 15% and crash severity by 16%.
