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“Telematics and event data recorders (EDR) should be on every insurer’s radar,” said research and consulting firm Celent in its 30-page report titled “Vehicle Data and Telematics: What Does the Future Hold for the Insurer?” Coauthored by Catherine Stagg-Macey and Ashley Evans, senior analyst and analyst at Celent (respectively), the report explores how insurers should not only apply these technologies to assess claims more accurately and potentially drive down costs, but also improve risk management.

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