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Opportunities across the value chain exist for insurers who adopt the technology early, especially now as the main barriers to entry are falling.

Opportunities across the value chain exist for insurers who adopt the technology early, especially now as the main barriers to entry are falling.

With insurers and vendors working to solve high entry costs, data challenges, and intellectual property concerns, user-based insurance may finally be nearing its much-anticipated breakthrough to the mainstream.

Insurance companies are naturally protective of proprietary information, but the industry as a whole suffers when carriers are unwilling to share information that organizations such as ACORD can use to establish industry-wide standards. That scenario is playing out once again in the telematics space.

Crashboxx Telematics announces the release of Crashboxx DENT, a web-based software tool that creates forecasts of the material damage cost to vehicles involved in crashes.

Crashboxx Telematics announces the release of Crashboxx DENT, a web-based software tool that creates forecasts of the material damage cost to vehicles involved in crashes.

Allstate has expanded its Drivewise telematics program into six additional states and introduces a usage-based app for smartphones.

Allstate has expanded its Drivewise telematics program into six additional states and introduces a usage-based app for smartphones.