Telematics and Claims: A Real-World Example

According to Ptolemus Consulting Group, the global telematics market has grown by 26 percent in the last year. Insurers that have mastered telematics for pricing are moving downstream to use the data ...

The Many Types of Telematics-Based Insurance

With the majority of millennials interested in a usage-based insurance (UBI) policy, and 84% rating UBI policies as a more fair way to price insurance, telematics represents a major opportunity for ...

The Anatomy of Octo’s Crash Dossier

At the heart of Octo's leading crash and claims capabilities is the crash dossier – a compendium of all relevant facts automatically compiled and provided to our insurance partners within minutes ...

The Telematics-Driven Claims Process

Telematics-driven usage-based insurance programs are now available in every US state. Insurers have embraced telematics as a tool to more effectively price risk. The most innovative insurers are ...

Telematics is the Future of Vehicle Insurance

In a transportation economy shifting from people-operated vehicles to autonomous vehicles, insurance will similarly shift from being people-focused to vehicle-focused. In that world, data will be ...

Tomorrow’s Telematics for the Insurance Industry

The insurance industry’s adoption of telematics is still relatively low, but rapid growth is expected over the next few years. This growth presents an opportunity for innovative insurance carriers, ...

The Case for Telematics in Auto Insurance Claims

The last century has seen automobiles evolve tremendously, yet auto insurance has been slow to follow suit. Only in recent years have insurers really embraced technology that is influencing the ...