Latest Telematics Headlines
All the headlines from our Telematics Topic Page, ordered by recency.
AIG Seeks Best Drivers in Singapore with New Smartphone App
Mar 23 2017 // AIG Asia Pacific Insurance Pte. Ltd. (AIG Singapore) has launched a nationwide search to find Singapore’s best drivers with “AIG On the Go,” a telematics-based smartphone application. “AIG On the...
The Future of Fraud Fighting: IoT and Telematics
Feb 20 2017 // Declining costs, the availability of cloud storage and the rise of telematics will likely increase predictive analytic adoption rates, according to Dan Donovan, assistant vice president of Claims Solutions at Verisk...
Why Predictive Modeling Is Gaining as Fraud Fighting Tool
Feb 13 2017 // Declining costs, the availability of cloud storage and the rise of telematics will likely increase predictive analytic adoption rates, according to Dan Donovan, assistant vice president of Claims Solutions at Verisk...
Telematics-Based Car Policies in UK Exceed 750,000 for 1st Time in 2016
Jan 30 2017 // The number of live telematics policies in the UK exceeded three quarters of a million for the first time in 2016, according to annual research from the British Insurance Brokers’ Association (BIBA). The BIBA survey...
Bluetooth Toothbrushes, Telematics, Fitbits and Data Tracking Acceptance
Jan 19 2017 // Twice a day, Scott Ozawa’s Bluetooth-enabled toothbrush tells his dental insurer if he brushed for a full two minutes. In return, the 41-year-old software engineer gets free brush heads and the employer which bought...
Verisk Teams with Driveway Software on Smartphone Telematics for Autos
Dec 6 2016 // Property/casualty insurance data supplier Verisk Insurance Solutions has formed a strategic alliance with Silicon Valley’s Driveway Software to jointly develop a smartphone telematics product for automakers, insurers...
Startup Auto Insurer Root Targets Good Drivers with Smartphones
Nov 7 2016 // Root officially debuted in the U.S. market on October 25. The fledgling auto insurer, just 18 months old, relies on telematics and a customer’s smartphone to deliver what it says will be significantly cheaper rates...
Autumn Clock Change Raises Evening Accident Risk by 30%: UK Telematics Study
Oct 27 2016 // The risk of U.K. drivers having an accident in the month following the clocks changing at the end of October* increases by 10 percent, according to Insure The Box, the telematics car insurance provider. And if they are...
Startup Auto Insurer Root Targets Good Drivers with Smartphones
Oct 25 2016 // Root officially debuted in the U.S. market on October 25. The fledgling auto insurer, just 18 months old, relies on telematics and a customer’s smartphone to deliver what it says will be significantly cheaper rates...
Progressive, Generali Pursue Joint Telematics Research
Sep 7 2016 // Europe’s The Generali Group and Progressive Group of Insurance Companies of the U.S., both among the leaders in car insurance telematics, said they have entered into an research and development collaboration to...
Allstate Launches Stand-Alone Telematics Unit
Aug 4 2016 // Allstate Corp. Chief Executive Officer Tom Wilson created a stand-alone unit for a telematics business that he expects to grow rapidly by collecting data on drivers and selling analytics products to third parties. The firm...
Telematics Data Provides ‘Compelling’ Defense Evidence in UK Liability Trial
Jul 28 2016 // Telematics data was successfully used to defend a driver in a liability trial in England, according to Insure The Box Ltd., a telematics-based car insurer. The strength of the telematics data prove the policyholder’s...
UK Auto Insurance Policyholders Embrace Telematics to Get Lower Premiums
Jul 18 2016 // Demonstrating a growing intolerance of mobile phone use at the wheel, a survey of 1314* motor insurance policyholders in the UK found that consumers want to be rewarded with lower premiums for not using their smartphones...
Italy Car Insurance Tech Firm, Octo Telematics, Weighs Sale or IPO: Sources
Jul 11 2016 // Octo Telematics SpA, the Italian car insurance-technology company, is pursuing an outright sale alongside preparations for an initial public offering, according to people with knowledge of the matter. Octo, owned by...
Usage-Based Auto Insurance, Slow at First, Picking Up Speed
May 12 2016 // Usage-based auto insurance will explode globally in the next seven years, a new industry analysis asserts. IHS Inc.’s IHS Automotive predicts that 142 million customers will sign up globally for the...
How Telematics Saves on Claims, Improves Customer Experience
Mar 24 2016 // Insurers that are not already using the data from their telematics programs for claims would be wise to do so early in their adoption of telematics as the task only becomes more difficult as more data is collected,...
Telematics-Based Car Insurance Policies in UK Increase by 40%: BIBA Survey
Mar 15 2016 // The number of live telematics-based motor insurance policies, including black box policies, in the UK has increased by 40 percent, according to the latest annual research by the British Insurance Brokers’ Association...
Insurers Could Find an Early-Mover Advantage from Telematics: Fitch
Mar 7 2016 // The motor insurance industry faces a significant shake-up from two waves of technological innovation – the growth of telematics and the development of driverless cars, according to Fitch. Over the short term, telematics...
3 Examples of How Telematics Can Aid Insurance Claims Handling
Feb 19 2016 // While information derived from usage based insurance telematics hasn’t been fully utilized in the claims process, the benefits it can provide – consistency, efficiency and accuracy – offer a way to reduce claims...
Study Says Telematics Use Changing Drivers’ Behavior
Dec 7 2015 // Telematics devices offered by auto insurers appear to working to change the behavior of drivers. More than half (56 percent) of the 1,135 drivers participating in an Insurance Research Council (IRC) public opinion survey...
