From Usage Based Insurance to Behaviour Based Insurance
Do you sometimes exceed the speed limit when driving? Accelerate fast or brake hard perhaps? Beware – your insurance premiums are likely to go up! Underwriting Basics Insurance has always...
2017– year for smart logistics connectivity?
This decade has already seen much written about the Internet of Things (IoT) revolution – soon, everything in homes, shops and factories will be connected. Businesses are revamping...
It’s the Smartphone, Stupid!
Brad Cordova is co-founder and Chief Technology Officer of TrueMotion Last winter, the National Safety Council issued its report on traffic fatalities, and the data was shocking. 2014 saw...
Connected Vehicle Growth in India – Opportunities & Challenges
Automobile sector has been observing rapid growth over past decade & half. Today we see close to 200 million on vehicles on the road. Last year( FY 15-16),...
OHV telematics market to grow at 8.9%
Future Market Insights in its latest report titled, “Off-highway Vehicle (OHV) Telematics Market: Global Industry Analysis and Opportunity Assessment, 2016–2026”. has forecasted that the global off-highway vehicle (OHV)...
More than 750,000 live Telematics based policies in UK
The British Insurance Brokers’ Association (BIBA) conducts annual research into the number of telematics policies live in the UK and in 2016 the number exceeded three quarters of...
‘Flying car’ prototype will be ready by end of year: Airbus CEO
Airbus Group plans to test a prototype for a self-piloted flying car as a way of avoiding gridlock on city roads by the end of the year, the...
Toyota to diversify into telematics services and insurance
Toyota Motor Corporation will establish a Mobility Services Platform (MSPF) to collaborate with various service providers, as well as telematics insurance. Based on the proliferation and popularity of...
Autonomous cars must share crash data if something goes wrong: ABI
Cars of the future will need to collect a basic set of core data to prevent drivers being unfairly blamed if technology goes wrong, the Association of British...
UBI Industry Report, 2016-2020
Staring from 2012, UBI in China lags behind that in foreign countries. Hence, domestic UBI products are operated with reference to some foreign mature models. Various Chinese parties...