It’s no secret that COVID-19 has had a huge impact on nearly every aspect of society, and insurance companies and car companies are no exception. Shelter in place orders across most states in the month of April drove mileage down 50%. And even as numbers start to improve as states begin to reopen, traffic volume […]
(This article was first published in PropertyCasualty360.) The use of telematics data in claims likely holds more value for your organization than the use of this data in underwriting. This assertion may not be capturing many headlines, but telematics integrated into the claims process represents a powerful proposition for insurers and consumers. And, this technology […]
The use of telematics data in claims likely holds tremendous value for your organization. In fact, driving data can transform claims. The challenge is how to operationalize the transformational power of telematics data in ways that are actionable and minimally disruptive to existing workflows. This infographic illustrates critical steps in the APD and Casualty claims […]