ubi

Age Matters: Insurance Premiums at Record Highs but Telematics Cuts Costs for Young Drivers

UBI Telematics2017-11-14T22:23:28+03:00

We know from our own driver data at LexisNexis Risk Solutions company Wunelli and other external research that telematics policies – with driver communication – contribute to...

Delivering ‘Contextual and Value-Centric Insurance’: How can the industry gear up to meet the expectations of an ever-evolving market?

UBI Telematics2017-11-14T22:24:04+03:00

Traditional business models of insurance carriers and intermediaries (agents/brokers) across the globe are challenged due to the change in expectations of customers and partners, technology innovations, regulatory demands, and...

TDCI, NAIC Share Money-Saving Car Insurance Options

UBI Telematics2017-11-14T22:25:16+03:00

NASHVILLE – With the rise of public transportation and ridesharing services steering many consumers away from the driver’s seat, the Tennessee Department of Commerce & Insurance (TDCI) encourages Tennesseans...

Insurance Commissioner Encourages Consumers to Discuss Possible Auto Insurance Discounts with an Insurance Professional

UBI Telematics2017-11-14T22:26:49+03:00

SOURCE Pennsylvania Insurance Department Usage-based insurance, transportation options spurring ways to pay less HARRISBURG, Pa., July 11, 2017 /PRNewswire-USNewswire/ -- The proliferation of usage-based insurance options, recent changes in driving behavior and more available...

Big Brother in your car? It could make you a better driver

UBI Telematics2017-11-14T22:27:23+03:00

VANCOUVER (NEWS 1130) – Imagine becoming a safer driver and getting a discount on your car insurance. The only catch is you have to install a monitoring device in...

Will on-demand insurance become mainstream?

UBI Telematics2017-11-14T22:28:05+03:00

The past two years have seen the rise of a new trend in insurance: on-demand coverage. Challenger insurers like Trov, Cuvva and Slice allow customers to use a mobile...

Recent Surveys by Research Firms indicate a Strong inclination toward Usage-Based Insurance

UBI Telematics2017-11-14T22:29:06+03:00

The trend of car-pooling, ride-sharing, and telematics has caused a paradigm shift in the usage-based insurance (UBI) industry. Accurate and real-time data collection, low fuel consumption, and flexible insurance...

Global Usage-Based Insurance Market by Key Players, Growth, Regions and Forecast to 2022

UBI Telematics2017-11-14T22:29:33+03:00

This report studies Usage-Based Insurance in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with capacity, production,...

NAIC launches usage-based insurance tester

UBI Telematics2017-11-14T22:31:38+03:00

The National Association of Insurance Commissioners (NAIC) has introduced a new assessment tool to help consumers determine whether they should consider usage-based insurance (UBI). For more than 30 years, the...

Usage-based insurance could encourage better driving behavior: Study

UBI Telematics2017-11-14T22:32:11+03:00

Researchers at the University of British Columbia (UBC) recently conducted a study on usage-based auto insurance and found that the use of telematics to monitor driver behavior and to...