telematics News
How to Create Fully Integrated, Personalized Telematics Offerings—And Make a Profit
Today, dozens of insurers have launched telematics offerings, indicating that it is a prerequisite for remaining competitive; however, most insurers in the market are ...
U.S. Consumers Value Data Privacy Over Savings in Home and Auto Insurance: Policygenius
Despite inflation and rising costs, most Americans would rather pay more for insurance coverage than use data-monitoring devices, according to an annual survey from Policygenius. The survey found ...
Telematics: Adoption and Success Strategies for Insurance Carriers
Many property/casualty insurance carriers have adopted telematics to tackle some of the most pressing challenges related to efficiency and safety. This adoption is generating tremendous data. In ...
Telematics Has Kept the Promise: Allstate’s Journey Continues
Telematics has been on personal insurers' radar for many years, and it has recently reached a tipping point. Nowadays, it is recognized as a necessary capability for the future success of any auto ...
Beyond the Print Edition: Nationwide P/C’s Prez Talks About Inflation and Telematics
Much of a recent interview that Carrier Management had with Mark Berven, the president and chief operating officer of Nationwide Property/Casualty, focused on the carrier's commercial lines ...
Inflation Drives 33% Jump in Auto Telematics Adoption in Q1 2022
TransUnion's latest Personal Lines Insurance Shopping Report found the number of consumers who accepted a telematics offer from their auto insurance provider increased 33 percent since the end of ...
How Telematics-Driven Context Can Help Price Insurance and Reduce Auto Crash Risk
Insurance pricing is an imperfect process. It's been gradually refined over countless iterations of product revisions through hundreds of thousands of regulatory filings. Insurers have used different ...
Travelers Expands Telematics Offerings With IntelliDrivePlus
The Travelers Companies Inc. is expanding its telematics auto insurance offerings with the launch of IntelliDrivePlus, an app-based program that calculates a new premium at each renewal by measuring ...