Ride-sharing: Innovation Uber allies

uber

A new compromise between US insurers and ride-sharing companies could provide a new model for insuring those who wish to use their cars to carry paying passengers.

Last month, an agreement between several US insurers and the world’s two largest ride-sharing companies saw the creation of a new insurance compromise, ending 12 months of protracted negotiations and

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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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