Trak Global Group

What Trak Global Group does

Trak Global Group, operating commercially as IMS (Insurance Telematics Solutions), is a private B2B telematics platform vendor incorporated in British Columbia, Canada (legal name: Trak Global Solutions Holdings (Canada) Inc.) with operational headquarters in Waterloo, Ontario (Americas) and Crewe, United Kingdom (EMEA). The company serves global insurance carriers, MGAs, and government/regulatory bodies with smartphone, hardware, and OEM-embedded telematics technology for usage-based insurance, risk-based pricing, claims automation, and policyholder engagement. Founded in 2009 and operating with 251-500 employees, IMS was acquired into Trak Global Group in December 2018.

IMS sells a modular platform-plus-product stack built on the IMS DriveSync® core platform. The flagship consumer-facing surface is IMS OneApp™, a smartphone telematics application that captures driving behavior and feeds an analytics engine; this is complemented by an embeddable IMS OneApp SDK™, the IMS Engagement Toolset™ for personalized messaging and rewards-driven behavior modification, and IMS Connected Claims™, positioned as the industry's first dedicated telematics-driven first-notice-of-loss solution. The IMS Wedge™ hardware and an OEM embedded-data partnership with High Mobility (delivering VW data for Pay How You Drive programs) round out a multi-modal data ingestion layer. Solution offerings are packaged for Personal UBI, Commercial UBI, Pay-As-You-Drive, and Road Usage Charging.

The commercial model is B2B enterprise SaaS and technology licensing to insurance carriers and MGAs, with revenue from DriveSync platform subscriptions, OneApp SDK licensing, and a telematics-based risk scoring engine. Distribution is direct enterprise field sales into carriers, complemented by MGA channel partnerships (Somerset Bridge Group, kinetiQ Underwriting) and a non-insurance mobility partnership with Motability Operations. Named customers include tier-1 insurers Aviva, Nationwide, Amerisure, and TD Insurance. IMS is ranked #1 in Europe and #2 in North America in the PTOLEMUS 2025 UBI rankings among 32 global suppliers and holds six registered trademarks plus a referenced patent portfolio.

Name

Trak Global Group

Legal name

Trak Global Solutions Holdings (Canada) Inc.

Website

https://trakglobalgroup.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

251–500 employees

Short description

Trak Global Group (IMS) provides smartphone, hardware, and OEM-embedded telematics platforms for global insurance carriers and MGAs, enabling usage-based insurance, risk scoring, claims automation, and policyholder engagement.

Ownership category

akta.pro rank

Product category

Insurance Telematics Software

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Usage-Based / Telematics Personal Auto Insurance (FSAJAAAB)

akta.pro secondary industry

Insurance, Risk & Claims Telematics Integrations (TLAEAFAM)

Keywords

• Insurance telematics software
• Usage-based insurance
• Connected insurance platform
• Smartphone telematics
• Motor insurance technology

Headquarters

HQ city

Crewe

HQ country

United Kingdom

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations

Revenue model

1. Telematics Platform Licensing: IMS licenses its DriveSync platform and associated telematics technology to insurance carriers, providing configurable, scalable solutions for usage-based insurance, claims processing, and policyholder engagement
2. SDK and Technology Licensing: Revenue from licensing OneApp SDK and other technology components to insurers for embedding into existing applications
3. Insurance Telematics Scoring Engine: Telematics-based risk scoring solutions for insurers supporting risk-based pricing models in motor insurance

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Trak Global Group, operating under the IMS (Insurance Telematics Solutions) brand, provides a configurable smartphone and OEM telematics platform to insurance carriers for usage-based insurance, driver engagement, crash detection and claims automation. Its product suite centers on the IMS DriveSync® Platform and includes IMS OneApp™, IMS OneApp SDK™, IMS Engagement Toolset™, IMS Connected Claims™ and IMS Wedge™ hardware, supporting personal lines, commercial fleet, pay-as-you-drive and road usage charging programs.

Product overview

IMS offers a platform-plus-modules architecture centered on the IMS DriveSync® Platform, which serves as the core technology infrastructure for all telematics solutions. The flagship product is IMS OneApp™, a mobile telematics platform that provides smartphone-based driving behavior monitoring and risk scoring. This core platform is augmented by add-on modules including IMS OneApp SDK™ (for embedding telematics into existing apps), IMS Engagement Toolset™ (for behavior coaching and rewards), and IMS Connected Claims™ (for crash detection and claims processing). IMS also provides hardware solutions (IMS Wedge™), multiple insurance solution variants (Personal UBI, Commercial UBI, Pay-As-You-Drive, Road Usage Charging), and professional services through IMS Labs. The portfolio enables insurers to implement end-to-end connected insurance programs from risk assessment through claims handling.

Differentiator

Problem solved

Functional benefit

Brands

• IMS OneApp™: Smartphone telematics mobile application for usage-based insurance, designed to change driving behavior.
• IMS OneApp SDK™
• IMS Engagement Toolset™
• IMS Connected Claims™
• IMS DriveSync® Platform
• IMS Wedge™

Products and services

• IMS OneApp™ Smartphone-based mobile telematics application that captures driving behavior data and delivers configurable, personalized policyholder experiences for usage-based insurance programs sold to insurers.
• IMS OneApp SDK™ Embeddable software development kit that lets insurers add smartphone telematics capabilities into their own mobile applications without building a standalone app.
• IMS Engagement Toolset™ Suite of configurable engagement, messaging, coaching and rewards tools that leverage telematics data to influence driver behavior and reduce insurer loss ratios.
• IMS Connected Claims™ Telematics-driven claims solution enabling automated First Notice of Loss (aFNOL), crash detection and data-driven claims decision-making to lower claims costs.
• IMS DriveSync® Platform Core technology platform that powers all IMS telematics products, providing data collection, processing, risk scoring and delivery of driving insights to insurers.
• IMS Wedge™ Hardware device that collects telematics data, offered as an alternative to smartphone-based sensing for insurers needing dedicated hardware.
• Personal Usage-Based Insurance End-to-end personal auto insurance solution that combines telematics-based risk assessment, usage-based pricing and safe-driving incentives for individual policyholders.
• Commercial Usage-Based Insurance Telematics solution for commercial fleet and motor insurers that supports risk-based underwriting, driver coaching and fleet management insights for business customers.
• Pay-As-You-Drive Insurance Mileage-based insurance offering enabled by mobile telematics that lets policyholders pay premiums based on actual miles driven instead of flat rates.
• Road Usage Charging Telematics data solution that captures and processes mileage and road-usage data to support pay-per-mile or distance-based transportation funding models for governments and insurers.
• IMS Labs Program Optimization Professional services engagement that helps insurers maximize value from their connected insurance deployments through program optimization and advisory support.

Quantifiable outcome

• Reduced claims costs through data-driven FNOL and claims decision-making
• +2 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature6 records

Partnerships

Five partnerships are on record, tiered core.

• kinetiQ UnderwritingcoreStrategic or Co-development Partner · 1 November 2025Collaboration to launch next-generation commercial UBI product under kinetiQ.Drive brand, specifically designed to accelerate growth in commercial motor portfolio. IMS provides telematics technology and platform capabilities.
• Somerset Bridge GroupcoreTechnology or Integration · 1 October 2025Partnership to launch GoSkippy Connect, an app-based telematics proposition designed to support smarter pricing, underwriting, and renewals through data-driven insight. IMS provides the technology platform while Somerset Bridge Group brings insurance distribution.
• TD InsurancecoreTechnology or Integration · 1 October 2025IMS serves as technology vendor for TD Insurance's connected auto insurance program, powered by smartphone telematics. IMS provides the telematics technology enabling TD's connected auto offering.
• High MobilitycoreTechnology or Integration · 1 September 2025Integration partnership enabling IMS to unlock VW OEM telematics data for Pay How You Drive insurance programs. This partnership provides underwriting-ready vehicle data from VW through High Mobility's integration platform.
• Motability OperationscoreStrategic or Co-development Partner · 1 January 2025IMS powers the Drive Smart telematics initiative for Motability Scheme customers. The program promotes road safety through feedback on driving behaviors, coaching to improve habits, and rewards for safer driving.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Market position

Weaknesses5 records

Competitive moat5 records

Customer concentration

• LinkedInlinkedin.com/company/trak-global
• Xx.com/trakglobal

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Trak Global Group