Telematics represents as much potential for growth as the insurance industry has seen in decades maybe longer.

Insured losses range from $2.2 billion to $6.8 billion for the U.S. and from $600 million to $2 billion for the Caribbean.

Developing the right insurance messaging will take leaders who are willing to slay sacred cows, and an understanding that an emotional pitch works best.

The condominium association is a separate entity and needs its own insurance coverage separate from the unit owners.