A practical guide for car insurers to build customer-engaging products, expand services, and boost profitability in the post-pandemic times. … Read More

Are you ready for a new era of device-free, data-driven Fleet Solutions? Watch our free webinar to look at the future of #fleetOptimization powered by Connected Car Data. Together with our partner High Mobility, we'll be looking at the new possibilities that open up thanks to Connected Car Data and how these can empower innovation across the fleet industry. We'll cover: “What use cases do OEM-connected car data platforms enable?”, “What are its current limitations, and how to tackle them?”, “What to expect of the midterm future?”, and “How connected car data can be leveraged to innovate in the fleet industry?”, among others. Register now and join the discussion. … Read More

Traditionally, connected insurance uses data from IoT telematics devices to tailor premiums based on driving insights. But today, new ways of building effective connected insurance programs have come into play, like driver safety rewards programs, sustainability and green benefit programs, personalized recommendations, or cross-selling insurance products. To tap into these, insurers must deploy appropriate data collection technology. But what is ‘appropriate’ in this context? … Read More

There are many immediate benefits to launching a connected insurance program—from higher customer engagement and loyalty with rewards, coaching, and reduced claims, to new revenue streams thanks to innovative insurance products. But the jackpot, truly, lies in the long-term vision. To maintain profitability in the long haul, motor insurance companies should already think two steps ahead, reconsidering their data approach today to reap benefits tomorrow. … Read More

The car insurance industry has seen many conversations around the pivotal role of digital technologies, product innovation, and customer-centricity as market differentiators. With these concepts, new terms have emerged to reflect the cutting-edge technologies and the upgraded ways of doing business. Understanding what they mean, how they differ, and what opportunities and constraints they entail, is essential to getting ahead of competitors. … Read More

“Any sufficiently advanced technology is indistinguishable from magic.” The best-known technology law formulated by Sir Arthur C. Clark in the ’60s still holds today, when insurance companies can use connected telematics solutions as a competitive lever to improve profitability and expand their customer base. To better understand how that works, we’ll take a step back and examine how telematics has changed over time. … Read More

Amid the accelerating economic recovery, the competition in the motor insurance market is intensifying. To make up for the losses sustained during the pandemic, insurers are unlikely to cut down premiums to incentivize customers. Instead, they will look for other methods to attract and keep them. But how to put new life into the hackneyed world of bonus rewards and privilege points? You’ll find some ideas in this article. … Read More