Telematics
Carrot suggests IPT exemption for young drivers
Telematics provider Carrot wants Chancellor of the Exchequer George Osborne to exempt young drivers from paying insurance premium tax if they buy an approved safe driving telematics programme within one year of passing their driving test.
Telematics policy take-up accelerates by 40% in past year
The number of live telematics based motor insurance policies has increased by 40% of the course of the past year, according to research by the British Insurance Brokers’ Association.
Europe: Telematics and the gender directive
The Gender Directive put a brake on insurers' underwriting purely on the basis of gender. So has it encouraged the development of telematics which helps them price in way that does not differentiate rates between males and females?
Big data take-up slower among mid-tier UK insurers
Fewer mid-tier UK insurance firms are prioritising big data, with less than half prioritising such strategies compared to 82% of their large counterparts, according to a market survey.
RAC buys Nebula Systems to boost telematics offering
RAC has acquired vehicle data company Nebula Systems, a deal the breakdown assistance provider said will boost its telematics offering.
C-Suite: The potential of telematics in Asia
Telematics is a great opportunity for Asia's motor insurers as competition intensifies in the region writes Pravar Gautam.
Blog: Young driver discrimination is unfair
When it comes to young drivers, the rest of the UK should think hard before adopting the punitive measures taken in Northern Ireland, because there are alternatives
Blog: Insurance will drive semi-autonomous cars
Motor insurers are facing a brave new world where personal, infrastructure and products liability will be dominant risk factors - but are they ready for the change?
AA underwriting arm opens for business targeting 250,000 customers and telematics
The AA's new Gibraltar-based insurance company has opened for business targeting a quarter of a million policyholders.
Government pledges £20m for driverless cars projects
The government has announced a further £20m of funding for projects developing driverless cars with consortia including members such as Axa and Direct Line Group among the beneficiaries.
Parents to access kids' driving scores through Wunelli deal
Parents will be given access to their children's driving scores and behaviour data through a new agreement between broker Autosaint and Wunelli.
Blog: Telematics from niche to mainstream
As the sector develops, expect to see advances from insurers and growing acceptance from consumers - this technology is here to stay
Europe: Telematics - Boxing clever
In the UK, telematics is seen as a way for young drivers to get covered, but other countries take different approaches.
MSIG explores telematics in Singapore with trial
MSIG is looking for drivers to participate in a six month study to analyse driver behaviour in Singapore.
Blog: The IoT is a marathon, not a sprint, for insurers
Customer propositions and experiences encompassing the Internet of Things are changing the way we live, from health trackers to remote heating controls. Even our white goods are getting smarter: Amazon has teamed up with manufacturers, allowing…
AA launches joint venture in connected car software
The AA has announced an international partnership to develop connected-car technology.
Trak Global hires CIS engineering boss Street
Telematics specialist Trak Global has hired The Cooperative Insurance Service’s former national engineering and technical manager Nick Street to the new position of insurer solutions and claims manager.
King back in the hot-seat at Ingenie as CEO McKee steps down
Ingenie co-founder Richard King has returned to lead the telematics business just six months after stepping down from the position of CEO.
C-Suite - Insurer: Foresight is a wonderful thing
It is vital that insurers look ahead to try and offer products to customers before they demand them.
Europe: What's driving telematics growth
Alongside North America, Europe so far represents the vast majority of all insurance telematics policies, with Italy and the UK leading the pack.
More data needed to assess impact of telematics on young driver collisions, DfT finds
A Department for Transport report has concluded insurance data alone is not sufficient to assess the impact of telematics-based insurance on young driver accident rates.
C-Suite: Tracking driving behaviour on the smartphone
Smartphone telematics apps are providing valuable data for insurers writes Paul Stacy.
Digital development key for insurers in keeping up with customer demand
Insurance companies have been urged to prioritise harnessing digital technology to meet consumers’ lifestyle demands if they are to thrive in the modern business landscape where frequent customer interaction is crucial.
Smartphones equal to black boxes if data quality is high, Wunelli says
Smartphone telematics data can be of an equal quality to black box data so long as companies are aware which data is not good enough to be used, according to telematics provider Wunelli.