CYBIT HOLDINGS *****fastest growing telematics company in UK*****

Nine in ten people say they would prefer their motor insurance to reflect the usage of their car and the type of journeys they make - with the majority favouring pay "as you go" systems similar to those offered by gas and electricity suppliers.*

Why is it a good idea?
As stated by Robert Ledger, programme director for Norwich Union, "Customers choosing "Pay As You Drive"™ insurance will benefit from individual premiums based on how often, when and where they actually used their cars. Motorists would receive a fairer deal as this initiative provides them with the opportunity to really be in the driving seat when it comes to controlling their premiums."

If this takes off and why not,then CYH will benefit hugely through their association with norwich union.