New weapons in the war on fraud
Fraudsters are constantly changing their methods, forcing investigators to stop looking at trends that have long passed and focus on new ones coming across the horizon. Two of the immediate...
Using telematics to improve driver performance in the construction industry
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 turnaround. There...
Data analytics key to solving the puzzle of commercial auto insurance
Commercial Auto is a highly troubled line of business for property & casualty insurers, suffering from historically poor performance, especially in trucking. This deters many...
Global connected car M2M market to grow at a CAGR of nearly 28% during the period 2017-2021
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 the...
Reshaping the Ecosystem of Telematics
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 transportation,...
5 Insurtech Trends for the Rest of 2017
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 funds...
The expanding role of telematics
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 and...
7 ways auto technology is impacting insurance coverage
Automotive technology is evolving faster than ever before. Semi- and fully-autonomous vehicles are on the horizon, car-sharing has become the norm, and...
Here’s how auto technology will change claims
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...
Insurance 2.0 is a game changer
Insurance 2.0 is the evolution of the traditional insurance industry responding to the technological advancements of the Internet of Things (IoT),...