Telematics watch: How the technology is helping to shape EV insurance

Smilie driving faces and speedometer_for CMS

Historically, telematics has been used to rate driver risk to bring down insurance. However the growing popularity of electric vehicles has created a new set of driver concerns for which telematics may have the answer. Igo4 CEO Matt Munro discusses how the technology can address ‘range anxiety’ and give EV drivers insight into how 'green' their driving is as they look at their driving score in a new light.

According to the Society of Motor Manufacturers and Traders data, electric vehicles accounted for 16.2% of new car sales in April 2022. In 2021, more battery EVs were registered than over the previous

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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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