Vehicle insurance companies are currently forced to set premiums for customers based on woefully incomplete information - often little more than the driver's age and previous convictions. Drive4Less is a discreet in-vehicle device that records information about the driver's habits, such as when he drives, which roads he takes, how harshly he brakes and accelerates, and how attentive he is. Periodically it sends this information to the insurance company, which uses it to calculate a fairer premium. We wish to license our IP, and we predict that widespread adoption will result in profit for Drive4Less, insurance companies, and many drivers.

Tom Craig