Smartphones will change the story

November 13, 2018 by  
Filed under Blog

Smartphones are impacting the Usage-based Insurance proposition from different angles but one of the real gains will be seen on the sales and marketing sides. One of the most difficult challenge today and in the future is to ensure the drivers accept a device in its vehicle or agree to download and then use an app that […]

Smartphonisation is reshaping banking. Insurance is next

October 12, 2018 by  
Filed under Blog, Insurance telematics

Less than 6% of all auto insurance policyholders worldwide actively use an insurer’s mobile app. This corresponds to only 50 million drivers globally – about half of US mobile banking users! We reviewed 245 insurance apps worldwide and found that only 45% of the top insurers offer basic corporate services (including insurance ID, coverage details […]

My experience of UBI: some insurers are simply missing the point

April 17, 2018 by  
Filed under Blog, Insurance telematics

I have been analysing the UBI market for about 10 years and believed every programme would take the opportunity to connect with their customers and use driver scoring to give feedback, therefore keeping the customer engaged and reducing risk. I started to drive again 2 years ago and decided to take out a UBI policy […]

Will Italy mandate telematics in Insurance?

April 16, 2018 by  
Filed under Blog, Insurance telematics

(Italian version) Since August last year, there is a law in Italy that recommends Telematics for all insurance. (L124/2017 – Market and competition act approved by the parliament on 4 August 2017) The general rules follow the 2012 “Monti Decree”, it includes: A requirement for the vehicle to be physically inspected by the insurer before […]

Assicurazione dei veicoli: l’Italia spinge seriamente sulla telematica?

April 16, 2018 by  
Filed under Blog, Insurance telematics

(english version) Da agosto dello scorso anno, c’è una legge in Italia che raccomanda l’utilizzo della telematica a tutte le compagnie assicurative. (L124/2017- Legge mercato e concorrenza del 4 agosto 2017) Le regole generali, inizialmente introdotte dal  “decreto Monti” già nel 2012, comprendono: Possibilità dell’assicuratore di ispezionare  il veicolo prima della firma del contratto; Possibilità […]

Data privacy: it’s not just the law which is changing

March 18, 2014 by  
Filed under Blog

With fresh calls for tighter regulation on how personal location data is handled coming from the most unlikely ranks, we look at how data management will change for insurance carriers, services providers and wireless operators. Last week, Martin Winterkorn, CEO and chairman of the board of management at Volkswagen, was quoted saying: “The car must […]

12 things you need to get right to succeed in UBI

January 23, 2014 by  
Filed under Blog

In the last few weeks, three Fortune 500 organisations came to us and said: “2014 is the year of telematics for us. We will be launching a major initiative”. As we constantly talk to insurers about their experience in building Usage based Insurance (UBI) programmes. Some stories and lessons seem to crop up more often […]

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