telematics Archives - Page 2 of 12

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 ...

P/C Insurers Less Bullish on Telematics: WTW Analytics Survey

Although property/casualty insurance carrier executives and technical professionals remain bullish on the prospect that advanced analytics can enhance growth and bottom-line performance, ...

Is a Safer World Possible?

Back in 2011, the publishing company I used to work for hired a new editor. He was the recipient of multiple awards for outstanding journalism, but insurance was a totally new gig for him. As a ...

How Strategy Follows Technology

Any business in any industry is subject to the limitations of the technology available to bring products and services to consumers. The most sophisticated businesses are those that find the most ...