Insights for the Insurance Professional
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LexisNexis Risk Solutions' study says that more drivers would be willing to participate in usage-based insurance programs if they were offered deductible discounts, rewards or...
News from Verisk, United Frontier Mutual Insurance Co., Mutual of Enumclaw and more.
News from Towers Watson, Applied Systems, Air Worldwide, Penn National and more.
Today's dynamic insurance carrier must gain insights into new forms of data that will prove to be valuable as innovative technology and social norms emerge.
New technology is changing the auto insurance landscape.
New CCC report highlights the growth opportunities and challenges for insurers.
Although pay-as-you-drive auto insurance policies are spreading, misconceptions abound. Here are five of the most common ones.
Even though insurance is a necessity for most people, there are some tried-and-true ways to find cheap car insurance.
Millennials more likely to have heard of and to consider usage-based insurance
Parternship with the insurer's Snapshot program driving assessments, UBI insurance discount rates to qualifying customers
The phenomenon of telematics – wireless technology that lets cars connect and communicate with enterprise applications – has attracted attention among insurance carriers worldwide over...
Telematics solution delivers savings to consumers for safe driving.
Carriers are implementing telematics in claims adjusting, loss control, fleet management
Across the U.S. insurance industry, smartphone use has generally been limited to driver-awareness services—such as parents monitoring children’s driving behavior—rather than policy rating.
With usage-based programs still relatively new to the auto insurance industry, it would be understandable if some carriers were wondering what the return on investment...
Telematics data is categorically different than anything many insurers have likely dealt with before. Think about the raw telemetry that a vehicle’s accelerometer generates, which...
Convincing consumers to take the plunge and allow their driving performance to be monitored via telematics is only half the battle for carriers transitioning to...
Turning raw driving data into actionable insights is a major challenge facing insurers trying to turn the corner and write usage-based auto coverage profitably.
The ability of auto carriers to economically collect information about driver performance will be a key factor determining the fate of usage-based insurance programs, particularly...
Problems experienced by internet users across the Eastern U.S. appear to have eased, with most sites back online after web-hosting services were invaded by hackers.
Waves of DDoS attacks shut down swatches of the internet on Friday, prompting the need for the insurance industry to issue standard cyber liability coverage forms.