Xirgo Technologies and Progressive Insurance Reach a New Supply Agreement
CAMARILLLO, CA--June 10, 2013: Xirgo Technologies, Inc., a leader in wireless M2M communication devices, today announced it 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," said Shawn Aleman, chief sales and marketing officer at Xirgo Technologies. "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."
For more information about Xirgo Technologies, visit Xirgo Tech or call (805) 322-7522.
Xirgo Technologies, Inc., is a leading provider of innovative, full-featured, application-specific wireless M2M communication devices. An expansive product line facilitates best-in-class solutions for numerous vertical market applications. With comprehensive in-house engineering capabilities in all key development disciplines, Xirgo Technologies consistently delivers compelling solutions to companies in search of ways to become more competitive, improve operational efficiencies and unlock new revenue streams.
Xirgo Technologies, in conjunction with our partners, has been able to provide world-class solutions in the realm of telematics, fleet management, heavy equipment, asset tracking, usage based driving, high-risk vehicle finance, cold chain, rental applications, and more. What results is a high-value set of custom products for our partners, as well as, a comprehensive standard product line that is sold through direct and indirect channels.