Putting your stamp on the usage-based pricing economy
Usage-based pricing is not a theoretical future. We experience it on a daily basis every time we make a phone call or fill up our cars with fuel. The...
Auto insurance telematics: the way to a loyal customer
Telematics is by now the most mature of the connected insurance trends even though it has yet to reach full technological potential. According to data provided by the Connected Insurance...
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 been...
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 the...
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), the...
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) telematics...
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 a...
‘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 aerospace...
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 mobility...