A look at the evolution of insurance telematics
Usage-based insurance (UBI) is gaining traction in property and casualty as insurers find they can attract drivers — especially younger ones — with telematics-based plans that offer savings...
How telematics can help make us safer on the road
It was just a matter of time. The needs and desires of auto manufacturers and insurance companies have been converging for a while, but it took automotive telematics...
Designing a UBI program for the ‘average Joe’— and anyone else
Many usage-based insurance (UBI) programs for auto typically claim that policyholders can reduce their premiums by sharing their driving data with insurers and practicing safe driving behavior. However,...
Big numbers: Can China and Brazil surpass the U.S. in UBI adoption?
Can two of the world’s largest economies catch up to the United States in terms of usage-based insurance (UBI) adoption? China and Brazil, with their respective technological and...
5 reasons to embrace telematics for the connected car: What insurers need to know
In the early 1990’s, credit-based insurance scoring caused a revolution in the insurance industry, as insurance companies used certain elements of a person’s credit history along with many...
New weapons in the war on fraud
Fraudsters are constantly changing their methods, forcing investigators to stop looking at trends that have long passed and focus on new ones coming across the horizon. Two of the...
Using telematics to improve driver performance in the construction industry
As the economy continues to recover, an increase in the frequency and severity of commercial vehicle crashes has prevented construction and other companies from fully profiting from the...
Data analytics key to solving the puzzle of commercial auto insurance
Commercial Auto is a highly troubled line of business for property & casualty insurers, suffering from historically poor performance, especially in trucking. This deters many insurers from writing...
Global connected car M2M market to grow at a CAGR of nearly 28% during the period 2017-2021
Technavio analysts forecast the global connected car M2M market to grow at a staggering CAGR of nearly 28% during the forecast period, according to their latest report. According to...
Reshaping the Ecosystem of Telematics
Internet of Things (IoT) and machine-to-machine (M2M) technologies have given rise to new technologies like connected car telematics. Telematics is a field that encompasses telecommunications, vehicular technologies, road...