Insurance

24th November 2021

Automakers About to Shake Up the Insurance Industry

Elon Musk recently announced Tesla’s intent to launch a usage-based insurance (UBI) product in Texas. The move came after General Motors and Ford launched their own telematics insurance programs...

By Graham Jarvis

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14th September 2021

Kia Releases Vehicle Build Data to US Insurers

Kia has agreed to begin sharing vehicle build data with an insurance data aggregator enabling its US consumers to enjoy discounted auto insurance. The agreement between LexisNexis Risk Solutions...

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4th August 2021

More Opportunities than Challenges for Insurers in an AV World

Insurers should have no concerns about opportunities in the autonomous vehicle world because there will be plenty of new revenue streams to look forward to. That’s the view of...

22nd July 2021

Ford Partners with Octo for Embedded UBI

Ford has opted to partner with an established UBI provider to secure insurance needs for its customers. It has announced an agreement with Octo Telematics to embed its predictive...

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13th July 2021

Trust in Auto Brands Can Accelerate Connected Car Services

Carmakers are in the driving seat when it comes to persuading consumers to share their data when accessing connected car benefits. That’s the view of Verex CEO, Mark Aryaeenia, who...

18th June 2021

Risks for Insurers in Rush Towards Driverless Tech

Definitions are often important – no more so when it involves safety. This is why there was a call for evidence in August 2020, and a confirmation by the...

By Graham Jarvis

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16th June 2021

Driverless Tech Liability is All in the Wording

Designating autonomous vehicles as ‘drivers’ raises a variety of potential legal complications meaning self-driving cars will change how insurance companies price and sell policies. Meanwhile, governments, courts, insurers and...

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12th May 2021

EVs are First Step in Auto Insurance Transformation

Despite a slump in car sales during the pandemic, ING Group expects care sales to rebound by 8% in 2021. However, EV insurance premiums are typically higher than those...

By Graham Jarvis

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26th November 2020

Korean Auto Insurers Grasp the Autonomous Nettle

South Korean insurance companies are to start to sell autonomous vehicle insurance. Korea Bizwire said in September 2020 that South Korea’s regulator: “The Financial Supervisory Service announced that the...

By Graham Jarvis

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19th November 2020

GM Enters US Auto Insurance Ring with OnStar

General Motors is expanding its OnStar connectivity service to include auto insurance for its customers. GM’s new insurance agency, OnStar Insurance Services, will be the exclusive agent for OnStar...

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27th October 2020

Global Travel: Protecting You, Your Family, and Employees

Sponsored Content GlobalAutoIndustry.com’s latest audio interview https://globalautoindustry.com/as-global-travel-returns-to-auto-industry-protecting-you-your-family-and-employees/ features Allen C. Koski.  Mr. Koski is President of Insured Nomads, the first insurtech in global benefits.  Previously Allen was a senior...

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4th August 2020

Insurers’ Role in Promoting Connected Car Data Sharing

Making driving data available through a data exchange offers substantial business benefits for insurance carriers. Benefits, not the least of which, is the ability to use, with proper consent,...

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OEM Spotlight

19th May 2023

Toyota says Not Enough Resources for BEV as Dominant Powertrain

The world cannot rely on battery electric vehicles (BEVs) as the main powertrain option for transportation because there simply are not enough...
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