Usage Based Insurance (UBI)

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 turnaround. There...


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 the...


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 transportation,...


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 funds...


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 and...


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 to...