5 Insurtech Trends for the Rest of 2017
Interest in insurtech grew substantially during 2016. Many traditional insurance companies have been hampered by legacy IT systems and regulatory transformation programs which means there have been limited...
The expanding role of telematics
By 2022, there will be an estimated 2 billion connected vehicles on the road. This transformation will impact insurers, repairers and original equipment manufacturers (OEMs), creating new risks...
7 ways auto technology is impacting insurance coverage
Automotive technology is evolving faster than ever before. Semi- and fully-autonomous vehicles are on the horizon, car-sharing has become the norm, and consumers expect their insurance to be capable...
Here’s how auto technology will change claims
The U.S. automotive insurance market will face numerous challenges in 2017 and beyond. As the auto industry responds to changing vehicle technology and notions of personal mobility, and the...
Insurance 2.0 is a game changer
Insurance 2.0 is the evolution of the traditional insurance industry responding to the technological advancements of the Internet of Things (IoT), which are connecting our lives and reducing...
Are we safe drivers? Apparently not…
U.S. drivers are picking up some bad habits and they’re unwilling to let go of them. Despite a host of education campaigns and the fact that most know better,...
What’s Next for Usage-Based Insurance?
The usage-based insurance (UBI) market could be worth $123 billion by 2023—and its consumer base could grow from 15 million to 142 million over the same timeframe, according...
Insurers: Is your IT ready for usage-based insurance?
Usage-based motor insurance (UBI) is generating a huge amount of interest at the moment. But are insurers’ IT infrastructure ready for it? In the space of around 15 years,...
Top 7 insurance industry concerns for 2017
The insurance industry has remained much the same for more than 100 years, but the status quo cannot endure nor lead to growth of an organization. Commercial insurers face...
10 trends impacting the insurance industry
A new report from CCC Information Services Inc. (CCC) examines a number of trends affecting the auto collision industry, as well as some aspects of property and casualty...