Insurance

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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26th June 2019

Telematics Not the Only Answer to Reducing Insurers’ Risks

It wasn’t so long ago that an automobile was a free-ranging universe all its own. The only real connection it had with the outside world occurred when someone inside...

By Eric Volkman

21st June 2019

Lada Bales on Plan to Boost UBI in Russia

Bad work attracts bad clients. Years of expensive, albeit inconvenient, service had taught Russian car owners to shun many offerings from insurance companies and buy nothing but mandatory liability...

By Roma Nazarov

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