Data, technology, usage-based coverage and new roles forclaims professionals are four areas to watch. (Photo:Shutterstock)
Insurers are constantly looking for new ways to utilizecutting-edge telematics. Whereas current technology used to be anovel but not a widely-used way to analyze risk, measure usage ortrigger claims filing, telematics has since become a standardoffering from many of the largest players across the insuranceindustry.
According to a report by McKinsey, the global revenue pool from car datamonetization could be as large as $750 billion by 2030.
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