Telematics
Allianz develops telematics strategy
Allianz is gearing up to deliver telematics-based motor products as it looks to recruit a telematics team.
Co-op Insurance creates new telematics role
Co-operative Insurance has created a new role on its product team to develop its Young Driver motor insurance proposition.
Co-op Insurance delivers £45m operating profit
Speaking to Post after the release of its results for the year end 2011, and following the announcement that Co-operative Legal Services has been granted Alternative Business Structure status, director of general insurance at Co-operative, David Neave,…
Your say: The reasons for standardisation
We would have been naive, here at Wunelli, to think our call for telematics data standardisation would not result in some debate, and we're pleased that it has - which is precisely why we are planning a think tank for all interested parties.
Your say: Treating telematics data fairly
Sharing customer data would, on the face of it, be illegal and against the public interest, says Mike Brockman.
Calls for telematics standardisation splits industry opinion
Rival firms raise question marks over Wunelli chairman Sandy Dunn's proposals
Roundtable: Technology collaboration - will the industry ever learn?
Could insurer and vendor fears over losing unique selling points be hampering the wider good of the industry?
Post magazine – 22 March 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Insurance bosses invited to discuss common standard for telematics
Executives from some of the UK's biggest insurance firms will sit down next month to discuss the formulation of a common standard for issues surrounding telematics data ahead of an expected boom in demand.
Editor's comment: Insurers must be socially mobile
Joining a party too late can be disastrous. Not least because the early attendees may have drunk the place dry.
Labour MP's telematics stance supported by Accenture survey
Drivers of all ages would respond favorably to calls from Labour’s shadow transport minister to force insurers to offer telematics technology as a matter of course, according to an Accenture study.
Labour wants to force insurers to offer telematics
Labour wants to see every insurance company being forced to offer drivers at least one black box product, according to the Daily Mail.
Close to offer telematics premium finance
Close Premium Finance is to back AA Insurance's new telematics offering, AA Drivesafe, taking monthly direct debits for varying amounts depending on the insured's driving style.
Brokers 'very positive' on in-vehicle management technology rollout
Equity Red Star CEO Ian Foy has hailed the rollout of in-vehicle management technology Equitrack, claiming that brokers have responded favourably to the belief that the launch will drive down costs and claims.
Coverbox data to convince insurers to change underwriting of motor risks
Telematics insurer Coverbox is to send selected insurers a report analysing 250 million miles of vehicle journeys that it claims will change the way car insurance premiums are set.
Telematics: Aggregators - the future of motor insurance
As young drivers are priced out of the market, could the emergence of telematics bring an end to the dominance of the traditional big four aggregators, as others seek to take a share of the market?
Post magazine – 1 March 2012
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Axa UK CEO warns PM Cameron telematic rates are not a silver bullet for young drivers
The CEO of Axa UK & Ireland Paul Evans has warned PM David Cameron that telematics is not a silver bullet to sort out the issue of restrictive insurance prices for young drivers.
Editor's Comment: RBSI takes the Direct approach
The news that Royal Bank of Scotland Insurance is to use the Direct Line brand comes as little surprise.
Ingenie backs government's telematics measure
Telematics brand Ingenie has welcomed government plans to use technology to tackle spiralling motor insurance premiums.
PM and insurers unveil six point plan after motor premium summit
The Prime Minister has committed to tackling the compensation culture, reducing legal costs and cutting health and safety red tape.
Broker shows support for PM and insurer motor premiums meeting
Wales-based Motaquote has highlighted the significance of telematics ahead of the Association of British Insurers' meeting with Prime Minister David Cameron on rising motor insurance premiums.
Young Marmalade answers young driver premium problem
Specialist young driver insurer Young Marmalade has shown its scheme can reduce premiums for young drivers.