TELEMATICS & AUTO INSURANCE: A DATA INFLUENCED APPROACH FOR THE INDUSTRY

TELEMATICS & AUTO INSURANCE : A DATA INFLUENCED APPROACH FOR THE INDUSTRY

  • Ethan Boultinghouse
  • Published: 16 May 2019
Auto insurers that want to remain relevant in the market must seek strong risk-adjusted returns and be competitive in the marketplace. Adopting a data-influenced approach increases the likelihood of success. One of the most promising uses of data analytics in the auto insurance space is telematics. Read on to learn how telematics works and how it encourages safer driving, providing benefits to the policyholder, the insurer and the public.