Change is coming for the transportation and logistics services industry. New regulations, driver expectations and the demands of a connected world are driving OEMs and electronics manufacturers forward.
With the help of IBM and The Weather Company, insurers are giving their customers a safe port in the storm. Learn more about how you can use weather analytics to show your policyholders that you mean business about the weather.
Don’t relegate your interactions with policyholders to once- or twice-yearly formalities or the claims process. Instead, help guide your customers through the storms of life using weather analytics, leading them to a bright tomorrow.
Attend IBM Insight 2015 to follow the latest trends in insurance analytics, including telematics, weather events and predictive customer insights. Check out this list of insurance-related sessions to begin planning your Insight schedule now.
Can the Internet of Things (IoT) help auto insurers create more accurate pricing plans? The answer is both yes and no; telematics can potentially offer unprecedented detail about driving behaviors, but this option is still on the horizon (for now).
The Internet of Things holds great promise for the insurance industry, not least by allowing insurers to move beyond demographics to offer enhanced pricing levels. Moreover, IoT-enabled telematics can help insurers reduce loss ratios—and all this while offering value-added services to help
With respect to capitalizing on analysis of Internet of Things data for innovative industry solutions, the insurance industry is ripe with opportunity. And yet many C-suite insurance executives seem tentative when considering Internet of Things solutions. Now more than ever is an suitable time for
The insurance industry is poised to leverage business intelligence from Internet of Things data to offer policyholders value-added services and process optimization. But these opportunities require getting beyond mere point solutions and deploying a comprehensive, scalable and flexible Internet of
Through the Internet of Things, car insurers now have the ability to track drivers’ behaviors in real time. While this method of determining premiums has great potential, there are still outstanding issues that must be addressed before it can be adopted throughout the industry.
The Internet of Things is providing organizations with new opportunities to expand their business offerings, grow and retain valuable customers, and improve existing processes to increase efficiency and reduce costs. With an estimated 24 billion connected devices by 2020, the Internet of Things
Cars are rolling gold mines of information, gathering data about the driver, the driving environment and, of course, the car itself as well as any connected devices. Automakers can use this data to enrich the driving or service experience, improve safety and enhance vehicle quality.
My previous blog posts have been focused on how analytics can help drive telematics to the mass market and help identify who is suitable for a telematics policy. In this blog we take a step back to consider the data privacy and security issues around the data that is generated from devices or apps
Insurers have relied on black box solutions for Telematics to date. This blog entry will examine the use of SmartPhones as an alternative to the black box and how it may benefit both the Insurer and the Consumer.
The cost of entry into the Telematics market for Insurers has been high to date,
In my last blog entry, I discussed how data is at the core of a telematics solution first and foremost to price a customer’s policy based on how they drive.
However, data is also an essential aspect for the mainstream adoption of telematics. If Insurers are going to pursue the mass-market in