Telematics and Claims: A Real-World Example

Shayne Brown News

According to Ptolemus Consulting Group, the global telematics market has grown by 26 percent in the last year. Insurers that have mastered telematics for pricing are moving downstream to use the data to streamline the claims process, combat fraud, and reduce overall claims costs.

Most insurance executives recognize that the value of telematics-driven claims is significant, but they don’t really know how exactly. To provide a more concrete example of how telematics reduces auto insurance claims costs for even a simple, single-vehicle collision, we’ve assembled a case study:

Click here to read the full article.

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