Insurance

1st July 2020

PSA Muscles into UBI Market

French automaker PSA Group is planning to muscle its way into the lucrative auto insurance market employing its own UBI solution. The move, often predicted by insurance experts talking...

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30th June 2020

Insurers See Virus’s Unexpected Boost for UBI

The Covid-19 pandemic has disrupted lives and livelihoods globally but one of the most startling and apparent changes has been the rapid decline in vehicular traffic. Insurance industry experts...

By Robert Gray

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19th June 2020

Insurers to Define Real-World Risk in ADAS

Motor insurers in the UK have been offered a system of assessing the real-world accidental damage coverage risk of current ADAS. At the moment, most carmaker have created their...

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11th June 2020

AI Takes Center Stage in Insurance Pricing

The use of artificial intelligence (AI) is expected to have a significant impact on the auto insurance sector. Complex algorithms will help better price risk and set up profitable...

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2nd June 2020

Automakers and Insurers Must Join in Reducing Connected Car Risk

Perceived benefits of connected vehicles is twofold: fewer automobile accidents and, in turn, smaller insurance payouts to cover damages. That is the ultimate destination but insurance industry experts say...

By Robert Gray

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1st May 2020

Judging the Insurance Risks of Connected Cars

Connected cars are here and will only get more connected as the industry players vie for control of the user’s data. “Most, if not all vehicles built today and...

By Olena Kagui

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30th April 2020

Hardware-Free Driver Behavior App Launched

An insurtech company is claiming to have developed a hardware-free app system to connect drivers to any vehicle they are using. Greater Than, says it employs AI in its...

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9th April 2020

Insurers Offered AI Risk Tool for Electrified Vehicles

A tool powered by AI has been launched claiming to be able to accurately assess insurance risks specifically for electric and hybrid powered vehicles. The Swedish AI and insurance...

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2nd April 2020

First AV Tool for Insurers With Safety Analyst’s Standard

Insurers of future autonomous vehicles have been given their first risk assessment tool in the shape of a standard published by a global safety specialist. Underwriters Laboratories have announced...

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27th December 2019

Automakers Flex Their Insurance Muscles

Would you buy auto insurance from the same company that made your vehicle? Recently, two noted automakers placed bets on customers answering “yes” to that question. In the US...

By Eric Volkman

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5th November 2019

Insurance Risks Remain in an Autonomous World

The old Chinese curse, “May you live in interesting times,” could very well apply to the auto insurance industry these days. That’s because, while the industry is moving at...

By Eric Volkman

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30th September 2019

Building Consumer Trust and Cutting Risk in a Paperless World

Digital tools have the potential to help vehicle insurance firms boost consumer engagement while simultaneously optimizing the claims process. The result could be a big saving in both cost...

By Nathan Eddy

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