The Unstoppable Surge of IoT IoT (Internet of Things) has long gone beyond a buzzword. International Data Corporation (IDC) forecasts worldwide IoT spending to sustain a compound annual growth rate (CAGR)...
Smartphones are impacting the Usage-based Insurance proposition from different angles but one of the real gains will be seen on the sales and marketing sides. One of the most difficult challenge today...
Ptolemus, a location-based services and telematics advisory firm, has detailed the growth and current state of Usage-Based Insurance (UBI) products in a new report. The impact of phone apps is...
A third (33%) of UK fleets employ telematics compared to one in five (19%) in Europe, according to new research conducted by Arval. There is also a definite bias towards...
Usage-Based Insurance Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $123 billion by 2022, registering a CAGR of 36.4% during the...
Instead of depending upon generic factors often beyond a consumer's control to underwrite and price auto coverage, monitoring how people actually drive should generate more pertinent indicators. Usage-based insurance...
Telematics is a smart solution which connects a vehicle to a data/analytics center, thus enabling the tracking of its condition during various operations.The advanced level of telematics is the...
Automotive insurance premiums have traditionally been determined by an individual’s age, vehicle type, gender and driving history, which has been used as a proxy to assess the risk associated...
Improved communications, and greater satisfaction with insurer/customer interactions, appear to be responsible for a recent rise in customer satisfaction with their auto insurance carriers, according to the J.D. Power...
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,...
