Fleet News

Webinar to reveal insurers focus on telematics

Telematics Update has announced that free registration is now open for the webinar ‘Insurers Focus on Telematics Post Gender Ruling’.

It will explore how insurers are reacting the gender ruling by implementing telematics technologies and the key business and tech challenges associated with these new solutions.

The free interactive event will be held on Thursday (January 31st) at 10am.

It is estimated that by 2019, 30% of all auto insurance policies will be utilising telematics systems as insurers begin to use these systems for an accurate risk assessment and enhanced claims process to increase their bottom lines.

Telematics Update director Ruthana Foulkes said: “The quantity and quality of data currently available is a major concern for insurance companies. But with a few solutions having gone through their first renewal periods, accurate data showcasing how driving behaviour actually relates to claims and risk is starting to become available.” 

To get to grips with these key developments in the insurance business Telematics Update has organised the live webinar and the  45 minute session includes live Q&A's and will be delivered by key industry figures, including Paul Stacy, director at Wunelli, and Ashley Prebble, partner at Norton Rose.

The debate will cover:

• The risk of indirect discrimination when using other factors as proxy for gender to ensure all telematics systems comply and any ambiguity is removed

• Learn how to design a bespoke underwriting business models for different customer types such as teen, high-risk etc. to develop and deploy highly targeted products and solutions

• Discuss the perfect set of device features and benefits such as fraud prevention, quality data and low cost to assess which of the smartphone, OBD2 or black box has those key to your business

The webinar can be joined for free at: http://www.telematicsupdate.com/insurance-telematics-eu/webinar.php.

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