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CalAmp Teams With Mexican Insurer

Irvine-fleet tracking and stolen vehicle recovery systems developer CalAmp said on Thursday that it has partnered with Mexican insurance provider GNP Seguros, to provide its stolen vehicle recovery systems in Mexico. According to CalAmp, its subsidiary, LoJack Mexico, will begin installing its technology in both new and pre-owned vehicles insured by GNP at Michelin Car Centers and auto dealers across Mexico. Financial details of the deal were not announced. Lojack Mexico says that insurers are encouraging its policyholders to install its technology in their vehicles, to take advantage of better policy rates and peace of mind.