Age Matters: Insurance Premiums at Record Highs but Telematics Cuts Costs for Young Drivers

We know from our own driver data at LexisNexis Risk Solutions company Wunelli and other external research that telematics policies – with driver communication – contribute to safer driving habits. It...


Delivering ‘Contextual and Value-Centric Insurance’: How can the industry gear up to meet the expectations of an ever-evolving market?

Traditional business models of insurance carriers and intermediaries (agents/brokers) across the globe are challenged due to the change in expectations of customers and partners, technology innovations, regulatory demands,...


J.D. Power: Auto Insurance Price Satisfaction Down, Overall Satisfaction Up

J.D. Power recently released its 2017 U.S. Auto Insurance study, which examines customer satisfaction, reported that rates increased for 26-percent of consumers this year. This, unsurprisingly, caused price...


TDCI, NAIC Share Money-Saving Car Insurance Options

NASHVILLE – With the rise of public transportation and ridesharing services steering many consumers away from the driver’s seat, the Tennessee Department of Commerce & Insurance (TDCI) encourages...


Insurance Commissioner Encourages Consumers to Discuss Possible Auto Insurance Discounts with an Insurance Professional

SOURCE Pennsylvania Insurance Department Usage-based insurance, transportation options spurring ways to pay less HARRISBURG, Pa., July 11, 2017 /PRNewswire-USNewswire/ -- The proliferation of usage-based insurance options, recent changes in driving behavior and more...


Big Brother in your car? It could make you a better driver

VANCOUVER (NEWS 1130) – Imagine becoming a safer driver and getting a discount on your car insurance. The only catch is you have to install a monitoring device...


Will on-demand insurance become mainstream?

The past two years have seen the rise of a new trend in insurance: on-demand coverage. Challenger insurers like Trov, Cuvva and Slice allow customers to use a...


Recent Surveys by Research Firms indicate a Strong inclination toward Usage-Based Insurance

The trend of car-pooling, ride-sharing, and telematics has caused a paradigm shift in the usage-based insurance (UBI) industry. Accurate and real-time data collection, low fuel consumption, and flexible...


Global Usage-Based Insurance Market by Key Players, Growth, Regions and Forecast to 2022

This report studies Usage-Based Insurance in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with capacity,...


NAIC launches usage-based insurance tester

The National Association of Insurance Commissioners (NAIC) has introduced a new assessment tool to help consumers determine whether they should consider usage-based insurance (UBI). For more than 30 years,...