Telematics
Claims Club News: Connected-home devices could cut claims costs
Insurers can proactively reduce their claims costs by encouraging the uptake of connected-home devices, according to Ninety Consulting’s Geoff Knott.
Digital Insurance and Technology Awards 2014: Winners Revealed
Post’s Digital Insurance and Technology Awards took place last night at the Royal Garden Hotel in London. The event recognised the increasing role that technology plays in enabling those in the insurance industry to streamline their processes, innovate,…
Assurant Solutions launches connected home division
Assurant Solutions has launched a division to offer protection for people living in connected homes.
Insurance Technology 2014: Insurers must find right 'currency' to widen telematics appeal
Incentive-based telematics schemes can go beyond the young driver market, but insurers must choose the right “currency” to appeal to different demographics, according to SSP’s head of data services strategy Adrian Coupland.
Insurance Technology 2014: Telematics integration must appeal to customer
Technological innovation in the telematics space is worthless unless it appeals to the end consumer.
Australia's first telematics app created by Wunelli
Wunelli has created Australia’s first smartphone telematics app for motor insurance after teaming up with telematics insurer Insurance Box.
Clarke appointed to lead Allianz's retail telematics strategy
Allianz has appointed Glen Clarke as head of telematics in the retail division.
IWDC14: Acquisition boom predicted as insurers look to bolster digital strategies
Digital start-up companies, telematics providers and aggregators are being increasingly targeted for acquisition by insurers that are planning to establish a stronger foothold within the evolving digital environment.
Insurers back insurance premium tax waiver for young telematics users
Report revives young driver debate amid claims it was ‘buried’
More Than partners with Trak Global on telematics product
More Than has launched a telematics product in partnership with Trak Global to help reduce the cost of motor insurance for young, inexperienced drivers.
Road safety report calls for zero IPT rate for young drivers
The government should introduce a zero insurance premium tax rate for insured vehicles fitted with a telematics unit for drivers under the age of 25, according the Road Safety Foundation.
Quartix to float on AIM market next week
Telematics company Quartix is to float on London's AIM market on 6 November with a market capitalisation of £54.1m.
Axa motor claims boss heads to Coverbox after just four months
Axa direct and partnership’s head of motor claims has been recruited by telematics insurer Drivestyle Insurer to serve as its new operations director.
Blog: Don't scare customers with spooky marketing & other data lessons
With the 2014 Teradata Partners Conference now over, I have decided to reflect on some of the biggest takeaways from the annual event in Nashville.
Insurers need to replicate Amazon model to attract young customers
Insurers need to think and act more like Amazon if they are going to engage with a new generation of connected customers.
Roundtable: Digital culture: ‘This is an industry taking action’
How can companies build digital cultures that maintain their relevance in the insurance market of the future? Post, in association with Accenture, invited specialists from a range of insurers to assess this critical issue
Driverless cars could be mandatory within two generations predicts Teradata chief
Autonomous cars will be the norm within two generations according to experts speaking at the Teradata Partners conference.
Road Safety Foundation demands tax cut on telematics policies
The Road Safety Foundation has called for reductions on premium taxes on telematics-backed motor insurance policies for young drivers.
Northern Irish broker partners with Assembly to create 60 Newry jobs
Independent broker Autoline has partnered with the Northern Irish Assembly to create 60 new jobs at its Newry headquarters.
Expert analysis: Picking up speed
IGO4’s latest analysis of the aggregator market reveals the increasing prevalence of telematics and the softening of household rates
DfT tipped to focus on telematics in announcement on young driver safety
Government thought to have sought reports from three telematics providers
CMA private motor market report: Mooted ‘wide’ MFN clause ban could offset rate rises resulting from CMA inaction
Authority’s decision not to intervene on credit hire costs ‘a bitter pill to swallow’
Blog: Connected cars - getting insurers in the driving seat
The rise of connected cars has huge implications for the insurance industry, with the potential to create whole new ways of modelling risk, says Ravi Kumar of Infosys
Octo MD hails Insure the Box partnership extension
Octo Telematics hopes to capitalise on the broadening pool of telematics users, following the extension of its partnership with Insure the Box, according to managing director Martin Williams.