Ptolemus, a location-based services and telematics advisory firm, has detailed the growth and current state of Usage-Based Insurance (UBI) products in a new report. The impact of phone apps is...
Automotive insurance premiums have traditionally been determined by an individual’s age, vehicle type, gender and driving history, which has been used as a proxy to assess the risk associated...
Automotive insurance premiums have traditionally been determined by an individual’s age, vehicle type, gender and driving history, which has been used as a proxy to assess the risk associated...
A look at key areas affecting the automotive insurance ecosystem. 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...
Improved communications, and greater satisfaction with insurer/customer interactions, appear to be responsible for a recent rise in customer satisfaction with their auto insurance carriers, according to the J.D. Power...
Improved communications, and greater satisfaction with insurer/customer interactions, appear to be responsible for a recent rise in customer satisfaction with their auto insurance carriers, according to the J.D. Power...
PORTLAND, Ore. - A recent study, called the 2018 Travelers Risk Index, has revealed a disconnect, or gap, between what people perceive and what people actually do when it comes...
The automotive industry has witnessed a drastic evolution post 2016 with many important advancements in technology. The old-fashioned four-wheeled cars, which were earlier equipped with basic features, have transformed...
Usage-based insurance, sometimes written as UBI, is a form of insurance where your insurance expense is based on the kind of vehicle you drive, your driving behavior, distanced traveled,...
The insurance industry, at least when it comes to motor insurance, has reached a mature lifecycle stage. Hyper competition and lack of product differentiation are leading to significant revenue...
