Telematics and usage-based insurance (UBI) are among the hottest topics in auto insurance. Rather than creating broad rate tiers by looking backwards at the performance of a book of business it promises the ability to create more granular pricing segmentation and improve the accuracy of pricing by using a customers...
With insurers and vendors working to solve high entry costs, data challenges, and intellectual property concerns, user-based insurance may finally be nearing its much-anticipated breakthrough to the mainstream.
Insurance companies are naturally protective of proprietary information, but the industry as a whole suffers when carriers are unwilling to share information that organizations such as ACORD can use to establish industry-wide standards. That scenario is playing out once again in the telematics space.
Crashboxx Telematics announces the release of Crashboxx DENT, a web-based software tool that creates forecasts of the material damage cost to vehicles involved in crashes.
Crashboxx Telematics announces the release of Crashboxx DENT, a web-based software tool that creates forecasts of the material damage cost to vehicles involved in crashes.
In the world of technology, time is like dog years. What happened a year ago seems more like seven years ago when we look at how quickly the world is changing.