The world is getting smarter, and insurers, usage-based insurance (UBI) and insurance telematics are getting brainier as well. Both insurers and customers are finding smarter ways to buy and sell insurance. And it’s all thanks to the rise of insurance telematics. As discussed before, telematics is real-time data measured across vast distances. For the insurance …
In September, Zendrive CEO & co-founder Jonathan Matus was invited by the insurance experts at A.M. Best to discuss the rise of predictive analytics, the distracted driving epidemic and how new technologies are reshaping the insurance industry. The largest driver analytics platform in the world with over 150-billion miles of driver data analyzed, Zendrive has …
The rise of data is the rise of information. And in vehicle telematics, that information matters to insurers. Which brings up the issue of insurance data exchanges. As we’ve discussed before, data gathered from vehicles and drivers can have enormous impacts on things like insurance premiums, coverage, and even liability as it pertains to autonomous …
Data is changing the insurance industry for the better. That’s thanks to driver behavior models and how they improve insurance lead generation. With the rise of telematics, the technology that enables real-time transmission of data, both drivers and insurers are beginning to better understand our roads. And the upshot for the insurance industry is enormous. …
When it comes to auto insurance telematics, claims are where the rubber meets the road. Claims make up the majority of expenses for automotive insurance providers. And claim resolution is both the reason drivers have insurance, as well as their biggest consideration when choosing a provider. That’s why anything that can improve the claims process …
What is the future of autonomous vehicle insurance? It is a question that grows more important every day With companies like Toyota, Uber, and Google, currently working to perfect the technology, the question is not will autonomous vehicles fill our roads, but when? And, how will insurance handle them? Liability and Autonomous Vehicle Insurance With …
