Home / Experts Say! (page 22)

Experts Say!

Jim Weiss of ISO on “Big Data for UBI”

Jim_Weiss_ISO_Verisk_UBI

UBI: Inside the insurance industry’s great Big Data Experiment Usage-based insurance (UBI) has earned its reputation as a win-win for drivers and carriers. Policyholders can benefit from higher levels of service and lower rates by improving theirdriving, while insurers can increase retention and minimize adverse selection by identifying lower-risk policyholders …

Read More »

In-car apps: Making cars smarter!

in-carlogo

In-car apps will revolutionize the way we drive; the vehicle-centric apps will make our driving experience more personalized and help keep cars connected and current. Automakers are continously evolving the technology and future has come when our cars dashboard may become as versatile as our laptop. Many modern cars are …

Read More »

Connected cars and smart homes: coherence of a convergence platform

2B70756DConnectedCars

Published: June 16, 2014 We’ve all had those “oh-no” moments in our day-to-day life when we miss switching-off TV, fan, washing machine or wants to turn on the air conditioning before we reach home. Life would be very easy when we gain controls of all our household items like television, …

Read More »

Usage Based Insurance – Big Data renovating the auto insurance sector

telematics-nectarless

Published: June 2, 2014 The car insurance industry is on the brink of an intense change that will effectively manage claim costs, enhance pricing style, improve profitability, and differentiate policyholder products and services. Additionally there is an opportunity to improve the driving style and reduce accident frequency and severity. Usage-based …

Read More »