‘Momentous trends’ set to ‘influence the market’ for telematics says The Floow chief exec


Autonomous vehicles, in-built car sensors and a changing perception of vehicle ownership will see the telematics insurance market evolve says insurtech boss

The telematics market is developing “some pretty momentous trends, which are going to influence the market”, says Aldo Monteforte, founder and chief executive at global telematics provider The Floow.

This includes vehicle manufacturers installing in-built sensors into cars on the production line. For Monteforte, “this unprecedented [use] of sensors gives access to a lot of data that insurers can turn into valuable insight and analytics in support of the [telematics] operating model”.

Read more…

(If you’re already a subscriber, please sign in here.)

Get access with a 14-day free trial

This article is usually available exclusively to subscribers.

Subscribe for full access - Take out a print and online or online only subscription

For a limited period, you can enjoy all the benefits of an online subscription free for 14 days. Sign up now to read this article in full and to enjoy unlimited access to premium online content, a digital edition of the latest issue, plus an online archive of back issues.

Also, as a registered user, you will be able to -

  • Access unlimited breaking industry news as it happens
  • Sign up to a choice of daily and weekly newsletters

Register to view free premium content