Managing director of Wunelli and vice-president of Lexis Nexis, Wunelli and Lexis Nexis
Insurers have been digitising their application process but not so much their underwriting operations, writes Selim Cavanagh, insurance vice-president at Lexis Nexis Risk Solutions, warning they might be missing on some efficiency gains.
Telematics data shows young drivers drive more carefully in winter than in summer. This type of insight can help insurers develop new rating factors.
Telematics providers must make sure the data generated by autonomous cars comes in a format that insurers can use.