Company Information
Telanon, Inc. is based near Atlanta GA, and a member of Georgia Tech's Advanced Technology Development Center. To consumers, we are The Helping Hand for "Green" Car Insurance℠. To industry partners, we are The Trusted Intermediary for Usage-Based Auto Insurance℠."Green" or "usage-based" auto insurance uses driving-related data from customer vehicles to justify significant discounts. We capture and privacy-protect that data, then use it to determine actual miles driven for Verified-Mileage policies like those permitted in California. With industry partners we also help consumers evaluate policies that use their actual driving data to justify discounts for safe driving in addition to low-mileage driving.
Our patented approach appeals strongly to consumers for two reasons. First, we enable them to comparison-shop for usage-based insurance. Second, we share only anonymized portions of their driving data with insurers unless we determine first that it will earn them usage-based discounts.
Progressive's nationwide rollout of Pay As You Drive® program MyRate® has reached 19 states and competitors are being forced to respond, with 12 insurers expected to launch competing products in 2010. In 5 - 10 years usage-based is expected to dominate U.S. consumer auto insurance.
Business models used by current industry suppliers will have difficulty adapting to usage-based insurance, creating a tremendous need that we feel Telanon is well-positioned to satisfy. That is why are launching Telanon® Evaluator Plus based on our issued U.S. patent #7,339,483, "Automated Consumer To Business Electronic Marketplace System", to establish Telanon as the trusted intermediary for usage-based auto insurance.
Management Team
Bennie Farmer, Founder, President & CEO
Bennie has 16 years' experience with vehicle systems that capture driving-related data, and is the inventor of Telanon's patented technology. Prior to Telanon, he had 6 years' experience with high-tech startup Eaton VORAD Technologies. As Manager - Corporate Strategic Planning at Eaton Corporation, he analyzed a proposed business opportunity with Allstate-funded VORAD Safety Systems and negotiated the 50/50 joint-venture deal forming Eaton VORAD. He then became its Director- Product Planning & Light Vehicle Sales/Marketing. After helping win business with an auto OEM, he was promoted to Business Unit Manager - Light Vehicle with full P&L responsibility. Bennie has a Bachelor in Aerospace Engineering from Georgia Tech, a Masters in Mechanical Engineering from Rensselaer Polytechnic Institute, and an MBA from the Wharton Graduate School.
Don Klayman , Acting VP & CIO
Don has over 18 years of IT experience with startup companies, starting with Total Design Solutions which he founded in 1989. In 2000, he was Interim CTO for Peachtree Orthopaedic Clinic. Then in 2002 he co-founded and was CTO until 2004 for Brightree, an Internet-based suite of applications that require HIPPA privacy compliance due to data warehousing of patient medical records and insurance collection/payment information. Since 2004 he has developed and provides hosting for data warehouse applications including browser-based HotBru based on the Microsoft .NET Framework. Don has a B.S. in Business Administration from Ohio State University and earned certification in Computer Programming and Operations from the Control Data Institute of Atlanta.
Bennie has 16 years' experience with vehicle systems that capture driving-related data, and is the inventor of Telanon's patented technology. Prior to Telanon, he had 6 years' experience with high-tech startup Eaton VORAD Technologies. As Manager - Corporate Strategic Planning at Eaton Corporation, he analyzed a proposed business opportunity with Allstate-funded VORAD Safety Systems and negotiated the 50/50 joint-venture deal forming Eaton VORAD. He then became its Director- Product Planning & Light Vehicle Sales/Marketing. After helping win business with an auto OEM, he was promoted to Business Unit Manager - Light Vehicle with full P&L responsibility. Bennie has a Bachelor in Aerospace Engineering from Georgia Tech, a Masters in Mechanical Engineering from Rensselaer Polytechnic Institute, and an MBA from the Wharton Graduate School.
Don Klayman , Acting VP & CIO
Don has over 18 years of IT experience with startup companies, starting with Total Design Solutions which he founded in 1989. In 2000, he was Interim CTO for Peachtree Orthopaedic Clinic. Then in 2002 he co-founded and was CTO until 2004 for Brightree, an Internet-based suite of applications that require HIPPA privacy compliance due to data warehousing of patient medical records and insurance collection/payment information. Since 2004 he has developed and provides hosting for data warehouse applications including browser-based HotBru based on the Microsoft .NET Framework. Don has a B.S. in Business Administration from Ohio State University and earned certification in Computer Programming and Operations from the Control Data Institute of Atlanta.
Advisory Board
Brian Kinsey, prior Chairman, President & CEO of CarrierPoint, Inc.
Brian took logistics software company CarrierPoint from software idea to a company sale to Transcore, Inc. in March 2003. He developed its business plan, raised $20M, and hired a team who developed ASP software products and integrated them with freight shippers & carriers. Brian has a B.S. in Behavioral Management from Georgia Tech and an MBA from the Harvard Business School.
Tom O'Boyle, retired Sr. VP of Eaton Corporation
While Sr. VP of Eaton Truck Group, Tom served on the Board of Managers for joint-venture startup Eaton VORAD Technologies, LLC from its 1993 formation until his retirement in 2001. Tom has a B. S. in Engineering from Cleveland State University.
Brian took logistics software company CarrierPoint from software idea to a company sale to Transcore, Inc. in March 2003. He developed its business plan, raised $20M, and hired a team who developed ASP software products and integrated them with freight shippers & carriers. Brian has a B.S. in Behavioral Management from Georgia Tech and an MBA from the Harvard Business School.
Tom O'Boyle, retired Sr. VP of Eaton Corporation
While Sr. VP of Eaton Truck Group, Tom served on the Board of Managers for joint-venture startup Eaton VORAD Technologies, LLC from its 1993 formation until his retirement in 2001. Tom has a B. S. in Engineering from Cleveland State University.
Consultants
Jim Bruister, President/CEO of SoC Solutions (Server & Embedded Software Applications plus Board-Level Hardware)
Maria Henderson, ex General Manager - Usage-Based Insurance, Progressive Insurance (Auto Insurance)
Maria Henderson, ex General Manager - Usage-Based Insurance, Progressive Insurance (Auto Insurance)
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