Consolidation among telematics providers in 2016 could create opportunity in 2017 for greater differentiation, increased connectivity, better pricing, and more standardization of features for fleets who add this...
How connected insurance brings value to insurers and consumers: An Italian case study Is telematics changing the motor insurance market by disrupting the traditional car insurance business model ? The...
Digital technology is rapidly developing and insurers need to keep up in order to thrive. Between social media interaction and the emergence of the sharing economy, P&C insurers...
When the term “telematics” is mentioned—at least in the US insurance marketplace—most people think of usage-based insurance (UBI). But telematics isn’t just for usage-based insurance rating anymore. Carriers...
Given technology innovation, it’s imperative that we look ahead, constantly scanning the road for fraud hazards in order to safely avoid hitting them head on. Two of the...
Usage-based insurance (UBI) is gaining traction in property and casualty as insurers find they can attract drivers — especially younger ones — with telematics-based plans that offer savings...
It was just a matter of time. The needs and desires of auto manufacturers and insurance companies have been converging for a while, but it took automotive telematics...
Many usage-based insurance (UBI) programs for auto typically claim that policyholders can reduce their premiums by sharing their driving data with insurers and practicing safe driving behavior. However,...
Can two of the world’s largest economies catch up to the United States in terms of usage-based insurance (UBI) adoption? China and Brazil, with their respective technological and...
In the early 1990’s, credit-based insurance scoring caused a revolution in the insurance industry, as insurance companies used certain elements of a person’s credit history along with many...
