What’s Next for Usage-Based Insurance?
The usage-based insurance (UBI) market could be worth $123 billion by 2023—and its consumer base could grow from 15 million to 142 million over the same timeframe, according to...
Insurers: Is your IT ready for usage-based insurance?
Usage-based motor insurance (UBI) is generating a huge amount of interest at the moment. But are insurers’ IT infrastructure ready for it? In the space of around 15 years, 6...
10 trends impacting the insurance industry
A new report from CCC Information Services Inc. (CCC) examines a number of trends affecting the auto collision industry, as well...
Survey finds insurers not fully realizing benefits of analytics
Companies in the insurance industry have always possessed a great deal of data, primarily from...
3 insurance technology trends for building customer relationships in 2017
As technology related to artificial intelligence, natural language processing, smart home tech and more evolve, business applications are emerging that can have a transformative effect. From...
How driving habits are changing the auto insurance industry
Changes are occurring at a rapid rate in today’s auto insurance world. From the InsurTech boom to semi-autonomous car technology — there have been many advances in the once slow-moving...
8 ways telematics will shape insurance agencies in 2017
The insurance industry is at an exciting precipice. Telematics is gaining steam as more insurance agencies implementing telematics programs see a positive effect on their bottom line, and more consumers...