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The benefits of telematics-based auto-insurance products could go beyond better risk selection and pricingand could include better fraud detection and the ability to provide feedback to consumers on CO2 emissions, fuel consumption and other factors that may lower the cost of driving, a new Celent report says.
Mitchell, a leading provider of technology, connectivity and information solutions to the property and casualty (P&C) claims and collision repair industries, has announced that its Chief Technical Officer Erez Nir has been nominated as a finalist for the Trace3 IT Outlier Award for 2012.
Mitchell, a leading provider of technology, connectivity and information solutions to the property and casualty (P&C) claims and collision repair industries, has announced that its Chief Technical Officer Erez Nir has been nominated as a finalist for the Trace3 IT Outlier Award for 2012.
The reinsurance industry his past year weathered near-record catastrophe losses, catastrophe-model changes and the pressures of a challenging macroeconomic environment, but unlike 2005, reinsurers were prepared in 2011, according to a report by Guy Carpenter.
The reinsurance industry his past year weathered near-record catastrophe losses, catastrophe-model changes and the pressures of a challenging macroeconomic environment, but unlike 2005, reinsurers were prepared in 2011, according to a report by Guy Carpenter.
Consumer representatives to the National Association of Insurance Commissioners say in a letter to the Federal Insurance Office that effective insurance regulation requires greater transparency and substantive regulation.
Consumer representatives to the National Association of Insurance Commissioners say in a letter to the Federal Insurance Office that effective insurance regulation requires greater transparency and substantive regulation.
Its difficult to think of anything about the personal auto insurance market that could be considered niche, but for years that is exactly how telematics was perceived within the industry. As leading insurers continue to expand their use of the technology, though, it seems inevitable that carriers of all shapes...
Its difficult to think of anything about the personal auto insurance market that could be considered niche, but for years that is exactly how telematics was perceived within the industry. As leading insurers continue to expand their use of the technology, though, it seems inevitable that carriers of all shapes...
Using positive reinforcement doesnt mean you stop holding your people accountable, rather it is a way to provide feedback that helps your people stay motivated and grow.
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