It is a known fact that the top insurers globally have insurance telematics and UBI programs in-market – often competing for the same book of drivers. As a result, the race is on for insurers to generate the most ROI – the end outcome resulting in winners, or losers, in the process. Across the industry, many current in-market insurance telematics programs are not providing enough regular engagement to drive the essential behavioural modification that will lower your claim loss ratio – a challenge that has quickly become the industry’s biggest obstacle yet to overcome!
Does your insurance telematics program drive the necessary on-going behavioral modification that results in lower claims costs, double-digit COR improvements for your business?
