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AGM TECHNOLOGIES

Lightweight telematics devices and mobile apps that make usage-based insurance simple for insurers and drivers alike.

Telematics / Usage-Based Insurance Startup Bootstrapped
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Overview

AGM Technologies is a UK-based insurtech and fleet technology company that designs and manufactures telematics hardware and software for the usage-based insurance (UBI) and asset tracking markets. Founded in January 2020 and based in the South West of England, AGM builds self-install telematics devices that insurers ship directly to policyholders -- no technician required. Drivers simply adhere the lightweight device to their windscreen, pair it with a companion smartphone app via Bluetooth, and begin transmitting journey and behavior data to their insurer.

The company combines patented software with purpose-built hardware to capture driver behavior, GPS journeys, crash events, and vehicle telemetry in real time. This data feeds insurer platforms to power UBI pricing, driver coaching, and claims fraud reduction. AGM also extends its technology to fleet management and asset tracking, enabling insurers and fleet operators to monitor vehicles at scale.

With a platform actively monitoring over 20,000 vehicles and processing nearly two million telemetry events per day at 99.9% uptime, AGM Technologies punches above its size as an early-stage startup serving global insurance and fleet clients.

Products & Services

IC7 Telematics Device

A small, self-install windscreen-mounted telematics device with built-in GPS and accelerometer. Insurers ship it directly to policyholders, who stick it to their windscreen and pair it with the companion app -- no installation appointment needed. The IC7 can detect minor impacts including collisions with cyclists and pedestrians while filtering out most false positives through patented signal processing.

Key Features

  • Built-in GPS and multi-axis accelerometer
  • Bluetooth pairing with companion smartphone app
  • Collision and impact detection (including pedestrian/cyclist events)
  • Journey tracking with start/end timestamps and route mapping
  • Real-time data transmission to cloud platform

Target Users: Car insurance providers globally deploying UBI programs

AGM Mobile Companion App

A smartphone application that pairs with the IC7 device via Bluetooth, acts as a data relay, and provides the driver-facing interface for the telematics program.

Key Features

  • Bluetooth device pairing and management
  • Journey data capture and transmission
  • Driver score visibility
  • Trip history and event review

Target Users: Policyholders enrolled in UBI programs

Telematics Analytics Platform

A cloud-based (AWS) data platform that receives, stores, and analyzes telemetry from all connected devices. Accessible to insurer clients for fleet-level monitoring, underwriting data, and claims support.

Key Features

  • Journey and event visualization (hard braking, acceleration, cornering, speeding)
  • Crash report generation
  • Driver scoring by vehicle or driver cohort
  • Firmware management and remote device configuration
  • SIM activation and user access controls
  • Fleet-level dashboards (20,250+ vehicles monitored)

Target Users: Insurer underwriting, claims, and product teams; fleet managers

Asset Tracking

IoT-based monitoring extended to non-vehicle assets and pipeline infrastructure, broadening AGMs addressable market beyond automotive insurance into industrial and logistics applications.

Target Users: Fleet operators, infrastructure managers

At a Glance

Founded
2020
Headquarters
Weston-Super-Mare, England, United Kingdom
Employees
1-10
Funding
Bootstrapped

Category & Focus

Category
Telematics / Usage-Based Insurance
Subcategories
IoT Hardware Driver Behavior Monitoring Connected Insurance Fleet Telematics Asset Tracking
Insurance Verticals
P&C Specialty
Target Customers
Carriers, MGAs

Customers

  • Car insurance providers (UBI programs)
  • Fleet management operators
  • Industrial asset tracking clients

Last updated: 2026-05-11