Telematics Evolution Pushes Forward for Fleets
The utilization of telematics in fleet has been on the rise since the technology was first introduced, and its future looks brighter than ever. With the continued interest of...
Fleet telematics will grow despite shrinking ARPU
The global fleet telematics market will grow from $10 billion to $16 billion in the next 5 years PTOLEMUS’ newly launched Connected Fleet Services study provides an assessment of the 5 key...
Usage-based insurance and telematics the solution to retaining customers?
A “worryingly” large number of UK drivers are taking on huge financial liabilities in exchange for tiny annual savings on their motor insurance, suggesting that many are confused over...
Usage-Based Insurance (UBI)
There are several provisions in the insurance laws that prevent consumers from realizing all the benefits of UBI. FSCO’s Bulletin No. A-16/16 imposes restrictions on the ways in which...
USAGE-BASED INSURANCE AND TELEMATICS
Usage-Based Insurance (UBI) is a recent innovation by auto insurers that more closely aligns driving behaviors with premium rates for auto insurance. Mileage and driving behaviors are tracked using...
Automotive Trends in 2018
2017 was a dynamic year for the automotive insurance industry, from (two) changes to the Ogden rate, to an increase in Insurance Premium Tax – it’s certainly been a...
Automotive Usage-Based Insurance Market is likely to witness substantial growth in Automotive Sector
The global automotive insurance market is evolving with the growing automotive industry. With increasing need for safety, the insurance coverage for vehicles is also growing at higher premiums. Analysts forecast...
Global installed base of construction equipment (CE) OEM telematics systems to grow at CAGR of 21.3 percent to reach 4.6 million units worldwide in 2021, says report Read more at http://telematicswire.net/global-installed-base-of-construction-equipment-ce-oem-telematics-systems-to-growth-at-cagr-of-21-3-percent-to-reach-4-6-million-units-worldwide-in-2021-says-report
The global installed base of active construction equipment (CE) OEM telematics systems reached almost 1.8 million units in 2016. Growing at a compound annual growth rate (CAGR) of 21.3 percent, the...
Telematics Beyond UBI: Tackling Distracted Driving
Reading paper maps used to be one of the most common forms of distracted driving. Although for the most part, technology has rendered that activity obsolete, connected car technologies...
3 Ways Telematics Can Help Improve Fleet Safety
One benefit of implementing a telematics solution is that it can help create a safer environment for utility fleet employees. How? UFP recently reached out to several industry experts,...