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...
Commercial Auto is a highly troubled line of business for property & casualty insurers, suffering from historically poor performance, especially in trucking. This deters many insurers from writing...
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...
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...
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...
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...
Automotive technology is evolving faster than ever before. Semi- and fully-autonomous vehicles are on the horizon, car-sharing has become the norm, and consumers expect their insurance to be capable...
The U.S. automotive insurance market will face numerous challenges in 2017 and beyond. As the auto industry responds to changing vehicle technology and notions of personal mobility, and the...
Insurance 2.0 is the evolution of the traditional insurance industry responding to the technological advancements of the Internet of Things (IoT), which are connecting our lives and reducing...
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...
