The growing usage-based insurance market is an opportunity for insurers, but there are some barriers yet to overcome.
Information gathered from blackbox telematics has been used successfully to reveal a dishonest customer claim involving a hire vehicle.
Just Miles is planning to launch an on-demand insurance service for low mileage drivers in a bid to make insurance fairer.
Telematics data shows young drivers drive more carefully in winter than in summer. This type of insight can help insurers develop new rating factors.
Mobile company O2 will now deliver car insurance through its telematics-based mobile app 02 Drive.
After a slow start to 2017 I suddenly had lots of decisions to make this week about holidays, extracurricular activites and building plans (for my extension).
‘Insurtech´ has been a buzzword in the insurance sector for a few years now, but how many of us have truly woken up to the opportunities that exist for the insurance market within the technology sector?
Dutch insurer Aegon is using its start-up telematics provider Kroodle to improve driving performance of customers with high claims volumes.
Direct Line has launched new telematics app to promote safe driving in drivers aged 17-25-years old and reduce the risk of crashes.
Inflexion Private Equity has bought out telematics specialist My Policy and brought in Mark Wood, who previously held a CEO position at Axa, as chairman.
Watchstone is expected to make a loss of £14.9m in its full year results.
Octo has signed a deal with LV Broker to provide a “full telematics ecosystem”.
Having grown up in the internet age, Millennials have very different expectations to previous generations. Young people are getting into the driver’s seat and motor insurers need to understand how to build a relationship with them
The final Claims Club meeting of 2016 considered the virtual and surreal worlds facing the motorist today and the opportunities, risks and risk management issues of maturing telematics technology.
Data can bring benefits and early adopters of digital technologies are already seeing a return on investment. What will the full impact of digital and data enrichment be on the motor sector?
Van insurance is often purchased by sole traders in the same way as household insurance but data in this sector lags behind the rest of the personal lines sector. What can the sector do to catch up?
Drivers will be able to use their telematics score to get quotes from other insurers at the end of their policy.
Beyond futuristic gadgets, connected cars feature technology that can help avoid collisions and detect other hazards.
The Financial Conduct Authority has found no pressing issue with the way insurers use Big Data but is still keeping an eye on it.
It's a sad fact that road casualty rates increase around this time of year as we endure darker evenings and deteriorating weather conditions.
Telematics providers were forced to accommodate the change to daylight saving time on Sunday morning with a patched update to hundreds of thousands of motorists.
Insurance revenues are being driven down by advances in technology that will disrupt the industry and change the ways in which customers choose their premiums.
Tesla will fit the hardware needed for full self-driving capability into all new vehicles it produces, including the Tesla Model 3.
Insure The Box has used telematics data to disprove a fraudulent claim and saved £50,000 in costs.