Coming on the heels of a year where U.S. motor vehicle fatalities exceeded 40,000 for the first time in nearly a decade, and at the close of the month the National Safety Council deemed Distracted Driving Awareness Month, there has been a great deal of media coverage of the dangers of distracted driving. To check […]
Challenges for the auto industry continue to grow – near term automakers must make significant investment to meet the fuel economy standards of 54.5 mpg by 2025, continue to expand globally, and meet growing consumer demand for more features and safety technologies. There is also immense pressure to develop vehicles that are semi- or fully-autonomous, […]
(As published on Property Casualty 360.) Something is missing from the current discussion around telematics. Usage-based insurance (UBI) gets a lot of well-deserved attention, discussions around how telematics can be used in claims is growing, and the connected car vs. mobile vs. onboard diagnostics (OBD) as the dominate/preferred data collection method is being debated. But, […]
New suite of telematics-enabled claims offerings uses real-time driving data to automatically detect a crash, initiate the FNOL process, predict the optimal method-of-inspection, and determine the likelihood of physical injury at the moment of impact CCC Intelligent Solutions (“CCC”), together with its affiliated companies, has launched a new suite of telematics-enabled claims offerings that will […]
(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 […]
(This article was first published in Property Casualty 360.) Since the first cars were sold, there have been crashes. And while the insurance claims industry has made enormous advances over the years, the fundamental process of handling a claim has been largely the same for decades – at least during my time in this industry, […]
CCC Intelligent Solutions (“CCC”) announced today the availability of its 2016 Crash Course, an in-depth report that focuses on the trends and business drivers impacting the auto claims and collision repair industries. This year’s report examines an ‘Inflection Point’ marked by a convergence and steady advancements in connected car technologies, the growing use of driving […]
(As published in Insurance Networking News.) Using driver data to help improve claims performance and deliver policyholder value In our connected world, data has become instrumental in informing and transforming how insurance is priced, packaged, delivered and serviced. For an example of this, you don’t need to look any further than telematics, where driving data […]