Allstate, The Hartford, Nationwide and Travelers share UBI insight at Insurance Telematics USA 2012.
With an abundance of new partnerships in this market it is clear that this technology is here to stay. In the last few months eSurance have announced their partnership with Sprint in order to take its own first steps into the usage based insurance world. Moreover, Ford is now working with State Farm to allow for fast and easy user based insurance program.
What does all this mean? Well Usage Based Insurance is no longer just the one-man plight of a single insurance company. Progressive has got serious competition.
Insurers scramble to take the lead in this rapidly growing market
Nate Bryer, usage based insurance general manager at Allstate commented ‘I think we have a convergence, a perfect storm if you will. The technology has improved to the point that it’s small, nimble enough, the price point is good, so that capturing actual driving behavior is now feasible.’
Bryer went on to add that ‘The number one lesson that we have learned over the few years we’ve been doing this is that education is key.’
The Heart of the Insurance Telematics Market
Insurance telematics USA 2012 will bring together executives and thought leaders to allow you to learn about the potential business model solutions and maximize on emerging partnership and networking opportunities. An independently researched program and a world renowned collection of over 40 expert speakers will ensure your business is fully prepared to cater for the 2012 insurance telematics industry.
40+ Insurance Telematics experts will share their knowledge on:
• Major Intellectual Property and Data Privacy Issues
• Understanding How to Manage the Masses as Solutions Scale-Up
• Enhancing UBI Offerings through Nomadic Platforms
• Savvy Insurance Telematics Sales Models to reach the Consumer
• Creating Synergy between the Insurance and Fleet Industries
The conference will offer the chance for partner relationships to initiate by bringing together industry leaders from Nationwide, GMAC, Allstate, Ford, Travelers, AAA, Plymouth Rock, General Motors, The Hartford, Towers Watson, Sprint, Oracle, eSurance, NAIC, Zurich, The US Dept. of Transportation, Nationwide amongst other thought-leaders…
For the complete Insurance Telematics USA 2012 conference program and speaker line-up, access the e-brochure at http://www.telematicsupdate.com/insurance-telematics/conference-event-br… or contact the Telematics Update team at [email protected]
Register today to join 450+ senior delegates: via the secure link: https://secure.telematicsupdate.com/insurance-telematics/register.php
Contact:
Emily Savage
Conference Director | Telematics Update
[email protected] | +44 (0) 207 375 7532
www.telematicsupdate.com/insurance
About Telematics Update:
Telematics Update Conferences are the most prestigious in the industry. We produce the largest telematics events in North America, Europe & Asia, and attract the most influential speakers providing a rich environment for establishing strategic relationships and networking.
