Telematics Update: The great battle of UBI: are OEM’s taking the lead?

Posted by Hayden [1] on Apr 8, 2014

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. During research for the Insurance Telematics Report 2014 Edition [2], Telematics Update conducted an industry wide survey of 300+ senior-level insurance and telematics execs, and interviewed 30+ industry pioneers such as Ford, Vodafone, Wunelli and A.T. Kearney, to get their expert insight on which changes have influenced the thinking of  the insurance industry 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 released 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 and  technology to the different insurance propositions and the importance of data analytics”.

A complimentary extract is available to download on the website: http://www.telematicsupdate.com/insurance-report/download-report-extract.php [3]

Telematics Update’s brand new and concise 80+ page report [2] for 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. It includes the following topics:

In addition to the survey results, leading senior level execs have been interviewed to construct the most up to date, concise and all-embracing overview of insurance telematics, including insights from Ford, A.T. Kearney, Vodafone, Telit Wireless Solutions, Allianz, Wunelli and many more.

The complimentary report extract is available to download via the website: http://www.telematicsupdate.com/insurance-report/download-report-extract.php [3]

Contact

Zsófia Kulcsár

Assistant Marketing Manager

Telematics Update

+ 44 (0) 207 375 7167

7-9 Fashion Street, E1 6PX, London, United Kingdom

zkulcsar@telematicsupdate.com [4]

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