Telematics – Page 2
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NewsCar insurance premiums seeing ‘alarming acceleration’ – Consumer Intelligence
’The motor insurance market is witnessing unprecedented premium inflation,’ says insight manager
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News AnalysisIs telematics reaching a tipping point?
The industry and technology has moved on from the traditional notion of a black box, but are customers finally seeing the advantages of telematics motor insurance policies?
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NewsHowden announces UK launch of telematics service to help cut motor premiums
Chair says changing market dynamics ’are encouraging insurers to consider telematics applications to help reduce insurance premiums’
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News AnalysisThe Big Question April 2023: How can the insurance industry help improve current motor repair network models?
Repairers are key to the success of settling motor claims, but the sector continues to face significant challenges. Insurance Times asks industry leaders where firms can help
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NewsAverage motor insurance costs saw largest recorded year-on-year jump – Consumer Intelligence
Premiums decreased for under 25s, while costs increased significantly for those aged over 50
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IT InterviewLiz Bilney: Brokers ‘begging’ for capacity encourages ex-Somerset Bridge Group boss to create new insurtech
The new business will first focus on providing non-standard motor products before eventually creating its own distribution arm
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NewsTelematics allows consumers to take an ‘active part’ in their risk profile – Redtail Telematics
The positive environmental impact of the technology can also help sell the concept to consumers, says chief executive
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NewsMarkerstudy-owned firm aiming to ‘transform’ commercial fleet safety with AI proposition
The technology could cut claims costs by £2,000 per detected claim
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NewsProprietary insurance data has influenced changes to Tesla vehicle design – Elon Musk
The US-based billionaire told investors that insurance data had provided a useful feedback loop for manufacturing process alterations
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IT InterviewAdam Winslow: Retail business and HNW will form ‘the key axis of growth’ for Aviva’s personal lines arm in 2023
UKGI chief executive outlines where Aviva is aiming to expand this year across both personal and commercial lines – although eTrading ‘remains a big area of focus’
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NewsAviva launches new young driver insurance product
Quotemehappy Connect will allow young drivers to earn cheaper premiums via safer driving while providing personalised advice to less safe motorists
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NewsMarmalade launches pay-as-you-go motor insurance for new drivers
The policy will be underwritten by Ageas and allows young drivers to only pay for the miles that they use
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IT Awards 2022Insurance Times Awards 2022: Sentiance uses ‘digital coaching techniques’ to mitigate ‘risky behaviour’
David Damen, chief technology officer at Sentiance, explains why his business should win the Excellence in Technology - Customer category at the 2022 Insurance Times Awards
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IT Awards 2022Insurance Times Awards 2022: Matrix IQ wants to demonstrate ‘how existing technology can deliver better insights’
Phil Powell, chief revenue officer at Matrix IQ, tells Insurance Times why he believes the firm deserves to win the Excellence in Technology – Customer category at the 2022 Insurance Times Awards
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IT Awards 2022Insurance Times Awards 2022: Samsara’s technology sees fleet claims decrease by 30% over policy term
Jack Burton, insurance partnerships lead for Europe, Middle East and Africa at Samsara, reveals why the company should win the Excellence in Risk Management category at the 2022 Insurance Times Awards
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IT Awards 2022Insurance Times Awards 2022: LexisNexis Risk Solutions commits to ‘innovate on behalf of the insurance market’
Andrew Ballard, product principal at LexisNexis Risk Solutions, outlines why the company should win the Challenger of the Year category at the 2022 Insurance Times Awards
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IT Awards 2022Insurance Times Awards 2022: Matrix IQ ‘challenges the way telematics is used’ within insurance sector
Mark Packman, chief executive of Matrix IQ, highlights why he believes his business should win the Challenger of the Year category at the 2022 Insurance Times Awards
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IT Awards 2022Insurance Times Awards 2022: Insurers are ‘perfectly positioned to proactively help clients improve safety’ - Flock
Tom Rogers, head of underwriting for UK at Flock, explains why he thinks his firm should win the Excellence in Underwriting category at the 2022 Insurance Times Awards
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NewsInsurance Times Awards 2022: Matrix IQ is ‘trailblazing a completely new approach’ in fleet risk management
Alison Moriarty, managing director of Matrix IQ’s Driive division, tells Insurance Times why she believes her firm should win the Excellence in Risk Management category at the 2022 Insurance Times Awards
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NewsCost of living crunch sees over-55s seek pay-as-you-drive car cover – Trakm8
Driver apps across the board are also proving to be popular
