Because telematics data paints a complete picture of driver behavior, insurers can more accurately price their risk. (Photo: Antonio Guillem/Shutterstock.com)
There is no asset more valuable in the insurance industry than data. Because it informs nearly every process — underwriting, risk assessment, new business, and more — having quality data is of the utmost importance to insurance carriers.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
- Educational webcasts, resources from industry leaders, and informative newsletters.
- Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
Already have an account? Sign In
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
