The trend of car-pooling, ride-sharing, and telematics has caused a paradigm shift in the usage-based insurance (UBI) industry. Accurate and real-time data collection, low fuel consumption, and flexible insurance...
This report studies Usage-Based Insurance in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with capacity, production,...
The National Association of Insurance Commissioners (NAIC) has introduced a new assessment tool to help consumers determine whether they should consider usage-based insurance (UBI). For more than 30 years, the...
Researchers at the University of British Columbia (UBC) recently conducted a study on usage-based auto insurance and found that the use of telematics to monitor driver behavior and to...
Do your customers know about your UBI program? Only one in five customers are offered UBI—yet half of them end up enrolling. Executive summary Since 2010, LexisNexis Risk Solutions has investigated...
Arbella Insurance Foundation is relaunching its anti-distracted driving program, Distractology, updating training scenarios and committing to an additional five years. Introduced in 2010, the Distractology campaign features a 36-foot-long, mobile...
According to a new survey of American consumers by Willis Towers Watson, many drivers are willing to share their driving data for a better deal on car insurance. The insurer surveyed...
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....
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 with...
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 information...
