Blog: Telematics update

Cars on a motorway

How does the UK telematics market compare with markets in other parts of the globe? Sarah Wenham explains


What's out there?
In the UK, motorists have various telematics options. The most common is the little black box, but among the 15 providers on Confused.com's website, telematics takes the form of

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Lack of trust in telematics hampering potential

After a survey found only 8% of respondents had received any communication from insurers about adopting telematics-based insurance to help reduce premiums, Fairer Finance’s James Daley said “telematics still doesn’t seem to be fulfilling its potential”.

Q&A: Simon Axon, Teradata

Simon Axon, global financial services industry director at Teradata, explains how general insurance providers are lagging behind banks in making the most of their data and why Amazon’s style of operating should inspire boards to back investment in digital transformation.

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