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Progressive Insurance announces a licensing program for intellectual property related to usage-based automobile insurance programs.

Its difficult to predict what the personal auto insurance market will look like by the turn of the next decade, but even conservative estimates indicate telematics and usage-based insurance (UBI) will become a catalyst for change, according to a recent Strategy Meets Action research paper.

Its difficult to predict what the personal auto insurance market will look like by the turn of the next decade, but even conservative estimates indicate telematics and usage-based insurance (UBI) will become a catalyst for change, according to a recent Strategy Meets Action research paper.

Remember the days when business leaders thought a technology solution might help solve some of their problems? Technology no longer assists carriers, it is central to the daily functions of virtually every business in this county and insurerscarriers and agenciesare no exception.

Remember the days when business leaders thought a technology solution might help solve some of their problems? Technology no longer assists carriers, it is central to the daily functions of virtually every business in this county and insurerscarriers and agenciesare no exception.

Strategy Meets Action (SMA), an insurance strategic advisory firm, announces a new research report, Usage Based Insurance/Telematics: A Catalyst for Change with results of a survey of North American property and casualty insurers indicating that 75 percent of insurers believe usage-based insurance (UBI) will fundamentally alter the auto insurance industry...

Strategy Meets Action (SMA), an insurance strategic advisory firm, announces a new research report, Usage Based Insurance/Telematics: A Catalyst for Change with results of a survey of North American property and casualty insurers indicating that 75 percent of insurers believe usage-based insurance (UBI) will fundamentally alter the auto insurance industry...

The use of analytics among P&C insurers has slowly evolved from strictly a risk-centric approach to business to include a focus on customer-centric data, according to Mark Breading, a partner in the research and consulting firm Strategy Meets Action and the author of a study on the subject, Data and...