
Webinar: Transitioning to usage-based insurance - what are the benefits to being in the fast lane of UBI adoption?

Over the last two years insurance customers have had a chance to reflect on what they pay for their motor insurance; and whether they are getting fair value.
Vehicles remained dormant for a prolonged period of time - and may continue to do so in a post-pandemic world of remote working. Drivers are also becoming increasingly conscious over journey length and type as a consequence of the pervasive messaging about combating climate change. The combination of which is driving consumer demand for usage-based insurance.
In this on-demand webinar Insurance Post in association with ByBits, an expert panel discuss how UBI will be core to an insurer’s efforts to be more customer-centric and data driven; whilst future-proofing their ability to adapt to new vehicle technologies.
With this in mind our expert panel will discuss topics such as:
- What are the key factors that will continue to drive the momentum of UBI insurance acceptance and adoption?
- How does the recent ban on ‘price walking’ – and the regulator’s focus on ‘fair value’ play to the strengths of UBI?
- How can UBI data help improve customer trust, engagement and open up opportunities for an insurer to be able to better personalize and tailor other solutions for policyholders?
- How can UBI data help educate and incentivize customers to become ‘greener’ and bolster the ESG credential of their insurer?
- What might happen to those insurers that fail to embrace UBI as a concept in the mid-to-long term?
- How does adopting UBI now potentially help an insurance company transition to the next expected leap in vehicle technology; namely insuring autonomous vehicles?
The expert panel featured:
James Blackham, CEO, By Miles
Adam Clarke, chief underwriting officer, Ageas
Ines Feracci, director, B2B, Zego
Phil Ost, head of personal lines, Zurich
Callum Rimmer, CEO, By Bits
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Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@postonline.co.uk