There are extra headlines about inflation and the price of dwelling. Such discussions typically embrace will increase in auto insurance coverage premiums and the potential for pay-as-you-go premium reductions, however information from car telematics creates worth far past pricing. There’s a risk.
On this insurance coverage information evaluation, abby compton and I additionally joined david morseChief Buyer Officer cambridge mobile telematics. Find out how insurers are leveraging telematics information throughout the worth chain, from extra correct threat profiling to quicker claims.
We usually see utilization and behavior-based presents in buyer acquisition, however these are beginning to be pushed extra throughout renewals. Steady monitoring permits clients to take part in threat mitigation and administration methods. There’s additionally the social good thing about serving to scale back distracted driving, which David calls “a pandemic in itself.”
