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”.
This article is usually available exclusively to subscribers.
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 -