The State of Insurance Telematics
Learn how your competitors are using insurance telematics
The results are in from Octo’s second state of insurance telematics survey. We surveyed 144 senior managers and executives of US property & casualty insurance carriers to find insights into how insurance carriers are using telematics, how the market is evolving, and the challenges and benefits an insurer can expect when implementing telematics.
The respondents to this survey represent a balanced cross-section of carriers by size, telematics maturity, and product offering. In this white paper we explore the:
- Maturity level of US insurance telematics programs
- Shifting mix of sensors used to collect telematics data and its impact on the market
- Barriers to successful implementation of telematics
- Business benefits realized post-implementation