Telematics – Page 2
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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
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NewsFleets see 30% fewer claims by adopting telematics – Zego
As the cost of living crisis continues to squeeze finances, fleets can benefit from cost savings while meeting customer demand by leveraging telematics technology
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NewsMotor manufacturer data could be the ‘Holy Grail’ for improving telematics insurance
Partnering with motor manufacturers to leverage this data could also create new partnerships for the insurance sector, says chief executive
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AnalysisIn Focus: Could telematics present a win-win for insureds and the industry as the cost of living crisis ramps up?
As inflation accelerates and wages fall, the ‘risk reductions’ provided by telematics-based motor insurance could allow insurers to pass on ‘cheaper premiums’ to their customers
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NewsLack of communication from insurers leading to missed savings for motor insureds – Redtail Telematics
Only 4% of survey respondents had been informed of how telematics products can reduce premiums, according to the firm’s latest survey
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NewsMotor premiums see 7.8% increase during first five months of 2022 – Consumer Intelligence
Telematics products, meanwhile, have fallen in popularity as insurers plot their new pricing strategies
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AnalysisIs telematics set for a popularity boost following FCA’s fair value changes?
With better technology and new regulations on pricing, could telematics be preparing for its time in the sun?
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NewsTelematics uptake rises by nearly 30% among under 30s – GlobalData
The increase comes despite younger people expressing concerns over privacy, data and device-insurer relation
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NewsMarmalade adds Ageas UK to black box insurer panel
While the current economic climate drives up motor insurance demand, the deal aims to ensure ‘more comprehensive and cost effective policies for young drivers insuring their own car’, says chief executive
