The Top 8 Telematics Stories of 2013

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I&T Daily Thursday, December 26, 2013

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In the auto insurance industry, usage-based insurance gets hotter every day. Following are some of our favorite reports from this year on the evolution of the technology, the potential market, and the disruptive forces that are shaping both. -Nathan Golia, senior editor This Is What Insurers Must Do To Sell Telematics Lexis-Nexis survey reveals what consumers know, fear, and want from usage-based insurance programs. 4 Ways Driverless Cars Are Poised to Shake up Insurance Driverless cars are closer to reality than you think. Here are some impacts they might have on the insurance industry. Will Auto Insurance Vanish? There's Actually a Debate State Farm CEO Edward Rust weighed in on the potential for auto insurance to become irrelevant. 3 Things Snapshot Has Taught Progressive Progressive usage-based insurance manager Dave Pratt shared some of the insights the carrier has gleaned from its long-running Snapshot usage-based insurance program. Progressive Finds Telematics a Hard Sell CEO Glenn Renwick says as much as 40% of its customer base is closed off to the idea of usage-based insurance. What Start-Up MetroMile Teaches About the Future of Insurance The non-traditional competitor's use of telematics, data visualization and customer engagement pioneers the virtues of the insurance digital enterprise in a creative, technology-driven business model. These Two Insurers Are Stretching Telematics Boundaries MetroMile and Direct Insurance are taking different data collection, usage, and reward approaches to usage-based insurance than the market generally. Allstate Introduces App for Usage-Based Insurance The Drivewise app provides feedback based on data collected by the program's plug-in device. Manage Your Newsletter Subscription Keep Getting This Newsletter Add InsuranceTech@UBMTech.com to your antispam whitelist Did someone forward this newsletter to you? Receive your own free issue. You are subscribed as EmailAddress To unsubscribe, click here | Privacy Policy. I&T Daily A free service of Insurance & Technology Copyright © 2013 United Business Media Limited 240 West 35th Street | New York, NY 10001

26 Dec, 2013

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Source: http://insurancedataonline.blogspot.com/2013/12/the-top-8-telematics-stories-of-2013.html
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