May 16, 2022 | Auto Insurance, Blogs
Digitalizing auto insurance provides a lot of benefits for consumers and insurers. Auto insurers all over the world have been actively trying to optimize policy underwriting and claims processes, to create new propositions that are flexible, convenient, and offer...
Mar 7, 2022 | Auto Insurance, Blogs
The Usage-based Insurance (UBI) model holds fundamental differences from the auto insurance as we know, in that it aims at providing protection coverage to policyholders using personalized plans. UBI adds great value to both the insurers as well as the customers with...
Mar 2, 2022 | Auto Insurance, Blogs, Connected Car data, Data privacy, Drivers safety
Telematics-linked auto insurance plans, powered by mobility data, have been in the public eye for some time now. The usage-based insurance model took the auto insurance industry with a storm by reducing insurance policy premiums and offering personalized insurance...
Feb 28, 2022 | Auto Insurance, Blogs, Drivers safety
Our roads today are not as safe as they used to be, expressing the sheer importance of conceptualizing new and innovative ways to maximize safety for all users on the roads. A Reuters report based on NHTSA data suggests that while travel on US roads increased by 13%...
Feb 24, 2022 | Auto Insurance, Blogs
Connected vehicle data holds great potential to revolutionize the outlook of automotive business solutions as we know today, laying the groundwork and getting them ready for the technologies of tomorrow. The automotive industry as a whole has been welcoming of the...
Feb 14, 2022 | Auto Insurance, Blogs, Data privacy
When it comes to consumer’s data privacy, no industry gets a free pass, let alone auto insurers with their core product concept revolving around trust and assurance. However, as connectivity and telematics data comes into play with usage-based insurance (UBI), there...