Highly competitive auto insurance marketplaces are the key to making coverage available and affordable for all drivers, according to the Insurance Information Institute (I.I.I.). “Auto insurance provides important, cost-effective financial protection to millions of Americans, and most drivers have dozens …
The number of insurance telematics users in Europe will grow from 1.5 million in 2010 to 44 million in 2017, initially driven by the UK and Italy, according to ABI Research’s study, “Insurance Telematics.” Despite aggressive efforts from Progressive, North …
The number of global insurance telematics users will grow at a CAGR of 90% from 1.85 million in 2010 to 89 million in 2017. Dominique Bonte, group director, telematics and navigation, comments, “While insurance telematics or usage based insurance (UBI) …