Monthly Archives: May 2013

Telematics Playing an Essential Role in Road Safety

According to The Society of Telecommunications Engineers the integrated use of telecommunications and informatics - can help manage live traffic updates, smart routing and tracking or rapid roadside assistance in case of accidents or breakdown (Athavale, 2013). Being that road safety is an important topic around the world it is clear that something needs to be…
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UK vs. US Telematics

It is clear that both United States insurers and insurers in the United Kingdom are focusing a lot of their efforts into telematics; but both doing it in different and unique ways. Jamie Macgregor of Celent in the UK says that they are targeting young drivers and using telematics as a way to help them…
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Self-Driving Cars Are Closer Than You Think

Google is working on big things for the future of automobiles. In 2010 Google made it public that they were working on self-driving cars. Google’s autonomous driving system is said to be ready for the market within the next five years according to Sergey Brin. It is predicted that by the 2020’s there will be…
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Is a New Business Model Needed in the UBI Industry?

Being that the personal automobile insurance is the largest in the United States, it is safe to say that people are beginning to look to safe driving to save money. Typically a person’s driving record, credit record, education level, and geographical coordinates are all factors that are taken into consideration when dishing out ones premium.…
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