Telefonica SAs O2 unit one of the first mobile operators in Britain to offer car insurance expanded its product line in February to include telematics boxes, which track peoples driving habits.
While carriers are storing call center notes, claims adjuster comments and emails, many are not harnessing the full potential these rich, yet complex, data sources can provide.
While carriers are storing call center notes, claims adjuster comments and emails, many are not harnessing the full potential these rich, yet complex, data sources can provide.
As self-driving cars take over the marketplace, the auto insurance industry may need to be more aggressive in developing data-driven insurance and pricing models.