Usage-based insurance (UBI) is a recent auto insurance innovation that enables insurers to collect individual-level driving data, provide feedback on driving performance, and offer individually targeted price discounts...
The Zebra, a website devoted to the insurance industry, recently published a report, the 2019 State of Auto Insurance, which reveals car insurance rates are on the rise for...
Smartphones are impacting the Usage-based Insurance proposition from different angles but one of the real gains will be seen on the sales and marketing sides. One of the most difficult challenge...
Auto insurance rate regulation in Ontario is expected to switch hands next year, from the Financial Services Commission of Ontario (FSCO) to the Financial Services Regulatory Authority (FSRA). In...
The report "Usage-based Insurance Market for ICE & Electric Vehicle by Package (PAYD, PHYD, MHYD), Technology (OBD-II, Smartphone, Embedded System, Black Box), Vehicle Age (New, On-Road), Device Offering (BYOD,...
A new PTOLEMUS study has found that less than 6% of all auto insurance policyholders worldwide actively use an insurer’s mobile app. This corresponds to 50 million drivers or half of...
The auto insurance industry has undergone transformational change for both business and consumers since 2016. There are several innovative technologies under development. Yes, we will continue to use...
In the short term, speeding seems like a great tactic—as a driver, you get the delivery there faster, demonstrate responsiveness to a service call and rack up more...
RAC Black Box has revealed that 62% of its customers believe telematics and driver score features make them safer drivers. Research from 1,359 of RAC’s policyholders shows that six...
A third (33%) of UK fleets employ telematics compared to one in five (19%) in Europe, according to new research conducted by Arval. There is also a definite bias...
