Google and Microsoft Join Europe’s Leading Insurers to lay out UBI Road map

Posted by Hayden [1] on Apr 24, 2014

Tore Dimmestol, enterprise geo account manager at Google and Bruce Mckee, industry development, financial markets, Microsoft, will meet with executives from Allianz, LV=, Volvo, Renault, AIG, Toyota, AXA, Generali and Zurich in London

 for the Insurance Telematics Conference & Exhibition (6th-7th May, Novotel London West, UK) to share their latest usage-based -insurance plans.The presence of these technology giants at

 

Telematics Update’s conference represents a major shift in the landscape of motor insurance. With the integration of telematics into motor insurance products, consumers are now able to gain substantial savings on their premiums. Companies such as Microsoft and Google now see the potential for this huge market and are able to offer powerful services to the key players in this ecosystem and potentially propel usage based insurance (UBI) into the mainstream.

Precksha Saksena-Sood, managing director at Telematics Update said, “We have seen the first wave of UBI products in the mainstream. What we expect to see in the near future is a far more comprehensive solution that starts at the point of car purchase”. Sood continued, “For this to happen, it will take the automakers, telematics providers, insurers and brokers to build a clear and valuable proposition for the consumer.  Google and Microsoft can be integral to these efforts”.

Telematics Update will hold the 4th annual Telematics Insurance Europe 2014 Conference & Exhibition in London this May (6-7th May, Novotel London West, UK). With only two weeks to go there are just a few remaining passes to attend. www.telematicsupdate.com/insurance-telematics-eu [2]

Telematics Update has constructed an independently researched agenda, with 30+ key sessions and over 50 carefully selected insurance professionals from Google, Microsoft, Renault,Allianz, Volvo, Zurich, Microsoft, Carrot, Generali, If Insurance, Autoline, Thatcham, LV=, EY, Tesco, The Co-operative, RSA, Towers Watson and more to deliver presentations and panel debates.

At Insurance Telematics Europe 2014 they will explore the crucial topics that insurers face today, including:

For the complete Insurance Telematics Europe 2014 Conference & Exhibition programme and speaker line-up visit the website: www.telematicsupdate.com/insurance-telematics-eu [2]

Or contact the Telematics Update team at insuranceeu@telematicsupdate.com [3]

“This event was very useful in gathering the main players in one place, allowing direct comparison of

products and services.” Aviva

“This event will become the essential annual conference to stay connected within insurance telematics.” Liberty Mutual

“The overall show was very informative, there was a lot of important information I took from it.” Vordur Insurance

Limited passes remain – register nowvia the secure link below: https://secure.telematicsupdate.com/insurance-telematics-eu/register.php [4]

About Telematics Update:

Telematics Update Conferences are the most prestigious in the industry. We produce the largest telematics events in North America, Europe & Asia, and attract the most influential speakers providing a rich environment for establishing strategic relationships and networking.

Contact:

Andrew Pym

Conference Director | Telematics Update

T: (Global) +44 (0)20 7375 7599 | (UStf) 1 800 814 3459 ext 7599

E: apym@telematicsupdate.com [5]