USAGE-BASED INSURANCE AND TELEMATICS
Usage-Based Insurance (UBI) is a recent innovation by auto insurers that more closely aligns driving behaviors with premium rates for auto insurance. Mileage and driving behaviors are tracked using...
Automotive Trends in 2018
2017 was a dynamic year for the automotive insurance industry, from (two) changes to the Ogden rate, to an increase in Insurance Premium Tax – it’s certainly been a...
Automotive Usage-Based Insurance Market is likely to witness substantial growth in Automotive Sector
The global automotive insurance market is evolving with the growing automotive industry. With increasing need for safety, the insurance coverage for vehicles is also growing at higher premiums. Analysts forecast...
Global installed base of construction equipment (CE) OEM telematics systems to grow at CAGR of 21.3 percent to reach 4.6 million units worldwide in 2021, says report Read more at http://telematicswire.net/global-installed-base-of-construction-equipment-ce-oem-telematics-systems-to-growth-at-cagr-of-21-3-percent-to-reach-4-6-million-units-worldwide-in-2021-says-report
The global installed base of active construction equipment (CE) OEM telematics systems reached almost 1.8 million units in 2016. Growing at a compound annual growth rate (CAGR) of 21.3 percent, the...
Telematics Beyond UBI: Tackling Distracted Driving
Reading paper maps used to be one of the most common forms of distracted driving. Although for the most part, technology has rendered that activity obsolete, connected car technologies...
3 Ways Telematics Can Help Improve Fleet Safety
One benefit of implementing a telematics solution is that it can help create a safer environment for utility fleet employees. How? UFP recently reached out to several industry experts,...
Global Automotive Telematics Integrating System and Technologies to Witness a CAGR of 16.4% during 2017 – 2023
The automotive telematics market is expected to witness a CAGR of 16.4%, and is projected to reach USD 66,880.0 Million by 2023. Factors propelling the growth of automotive telematics...
Are Your Drivers Safe?
My husband and I make a good driving team. This is what we do: I drive while he points out all the people he sees going 75 mph on...
Telematics Helps Reduce Collisions and Claims
When telematics was first introduced, it was primarily used for vehicle tracking and route optimization. As location tracking became more precise, the technology gained the ability to identify unsafe...
Global and China UBI Market, 2021
Market-based Reform of Car Insurance Rates Will Bring Unprecedented Opportunities The "Global and China UBI Industry Report, 2017-2021" report has been added to Research and Markets' offering. Starting in China in 2012,...