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.
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?
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 has acquired vehicle data company Nebula Systems, a deal the breakdown assistance provider said will boost its telematics offering.
Telematics is a great opportunity for Asia's motor insurers as competition intensifies in the region writes Pravar Gautam.
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
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?
The AA's new Gibraltar-based insurance company has opened for business targeting a quarter of a million policyholders.
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 will be given access to their children's driving scores and behaviour data through a new agreement between broker Autosaint and Wunelli.
As the sector develops, expect to see advances from insurers and growing acceptance from consumers - this technology is here to stay
In the UK, telematics is seen as a way for young drivers to get covered, but other countries take different approaches.
MSIG is looking for drivers to participate in a six month study to analyse driver behaviour in Singapore.
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The AA has announced an international partnership to develop connected-car technology.
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.
Ingenie co-founder Richard King has returned to lead the telematics business just six months after stepping down from the position of CEO.
It is vital that insurers look ahead to try and offer products to customers before they demand them.
Alongside North America, Europe so far represents the vast majority of all insurance telematics policies, with Italy and the UK leading the pack.
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.
Smartphone telematics apps are providing valuable data for insurers writes Paul Stacy.
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.
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.
It might surprise people in richer European countries, but an important part of claim payments on compulsory motor third-party liability policies in Latvia is used to pay for funerals.