As the great battle over UBI devices continues, embedded OEM solutions are expected to take the lead in a two to five year timeframe, overtaking smartphones (Telematics Update survey).
This will be a game changer for the insurance ecosystem, and as with every new business model and technology, industry players must have a concrete vision of how the model works and how best to exploit it.
Telematics Update’s Insurance Telematics Report 2014 has revealed that 59.6% of senior insurance and telematics execs believe that auto OEM factory-installed hardware solutions are expected to take the lead in a two to five year timeframe, overtaking smartphones
During research for the Insurance Telematics Report 2014 Edition, Telematics Update conducted an industry wide survey of 300+ senior-level insurance and telematics execs, interviewed 30+ industry pioneers to get their expert insight on which changes have influenced the thinking of insurance industry executives when it comes to business models and the potential benefits of UBI for both insurers and the insured.
Simon Ralph, CEO at Telematicus has reviewed this newly release report: ”The 2014 Insurance Telematics Report provides good insight into the evolving world of insurance telematics, taking the discussion beyond the relative merits of telematics devices & technology to the different insurance propositions and the importance of data analytics”
You can download your complimentary extract on the website: http://www.telematicsupdate.com/insurance-report/download-report-extract.php
Telematics Update’s brand new 80+ page reportfor 2014 gives insurers and telematics companies a solid overview of the milestones that helped shape UBI in 2013 and discusses what to expect from 2014 and beyond.. Detailed analysis includes the following topics:
In addition to the survey results, leading senior level execs have been interviewed to bring you the most up to date and all-embracing overview, including insights from Ford, A.T. Kearney, Vodafone, Telit Wireless Solutions, Allianz, Wunelli and many more.
The complimentary executive summary available to download via the website: http://www.telematicsupdate.com/insurance-report/download-report-extract.php
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