According to the National Highway Traffic Safety Administration(NHTSA), in 2015 alone, 3,477 people were killed and 391,000 were injured in motor vehicle crashes involving distracted drivers. During daylight hours,...
Would lower rates for some, but probably raise them for others Americans are driving less, relying more on public transportation, car-pooling, ride-sharing, and telecommuting. Since 1983, the percentage of people...
In the George Orwell book, 1984, the overriding theme was “Big Brother is Watching.” With telematics, science fiction is now closer to reality. Telematics is the branch of...
With over 10% penetration of the auto insurance market, UBI product availability has already persuaded a substantial and growing number of U.S. drivers to allow their driving behavior...
While information derived from usage based insurance telematics hasn’t been fully utilized in the claims process, the benefits it can provide – consistency, efficiency and accuracy – offer...
A new global survey on consumer preferences for automotive technology finds more consumers desire advanced technology in their next new vehicle. However, their willingness to pay for technology...
According to a report by Celent, 26% of online consumers said they would buy insurance online. Additionally, 28% said they prefer to interact with insurers via online channels....
Much has been written of late about how the insurtech movement is transforming the industry. While some of these solutions are actually in use, many are still conceptual...
Nobody can have too many BFF’s (that’s "best friends forever," as texted between teenagers). That statement goes double for claims adjusters who are frequently seen as “bad guys”...
I’ve been following telematics in insurance since 2012 and the main thing I’ve noticed is that the application of telematics by insurers moves at a sluggish pace. While...
