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Tag Archives: motor_insurance

The future of motor insurance: How car connectivity and ADAS are impacting the market

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Published: August 10, 2016 For automakers, being able to offer data-driven insurance at the point of sale will enable them to broaden their portfolios of financial services and reposition themselves along the insurance value chain. For the automotive industry, relatively little has changed over the past three decades – until …

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UK motor insurance carriers form alliance to assess risks involved in autonomous driving

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Published: January 21, 2016 | London UK motor insurers are committing themselves to helping smooth the path of driverless cars onto UK roads, with the launch of a new Automated Driving Insurer Group to address some of the issues which need to be overcome.  The group will be chaired by …

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Navigating the telematics journey through motor insurance industry

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Insurance companies cannot rely on traditional data mining technology to analyze all of this new data. Due to the sheer size of telematics data, insurers must consider a distributed, in-memory environment to display the results of data exploration and analysis in a way that is meaningful but not overwhelming. Stuart …

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Motor Insurance Companies can help save 1.4 Lakh lives annually using UBI: iTrans Global

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Published: December 16, 2014 | Bangalore, India  India reports around 5 lakh road accidents annually with a death toll of about 1.4 lakh. In the interest of the consumer, the Ministry of Transport, Govt of India has initiated policy modifications with the new “Road Transport & Safety Bill 2014”. The bill proposes mandatory …

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Tech Mahindra launches UBI solution for motor insurance carriers in collaboration with AT&T

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Published: November 25, 2014 | Mumbai, India A comprehensive, cloud hosted usage based platform with global connectivity from AT&T Tech Mahindra launched its Usage Based Insurance (UBI)- big data and predictive analysis driven platform for auto insurers in collaboration with AT&T. It allows them to adjust premiums according to actual …

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