Chris McMahon
Senior EditorChris McMahon was Senior Editor for Insurance Networking News.
Chris McMahon was Senior Editor for Insurance Networking News.
As insurance telematics gains momentum with consumers, the technology has become ever more sophisticated and reliant on customer outlays for smartphone capabilities and OEM automotive technology. But is that fair to lower income consumers?
The Swiss telematics technology firm announced that its Telematics Analyzer now can integrate with any back-end system
The application includes a flow of claims data and information with the insurers claims administrator, CatManDo Inc.
The three new features are intended to enable deeper insights around driver behavior and profiles, the company said.
The app monitors and scores driver or rider behavior and the option of personalized insurance quotes based on their scores.
The connected car technology company has launched its NSpire platform, which the company describes as a set of tools, modules and programs designed to support customized telematics strategies.
With Progressive Insurances recent patent loss to Liberty Mutual Insurance, insurers are running out of reasons for not pursuing leading edge technologies, such as telematics and usage-based insurance, industry experts say, and recent changes in patent law are favoring those who challenge patent holders.
Allstates Drivewise Mobile application now features Allstate Rewards, which safe drivers now can use to earn points for deals on merchandise, gift cards and local offers, regardless of whether they have an insurance policy with Allstate.
The UK-based Insurance aggregator has launched a point-of-quote fraud detection and prevention service that combines its customer and quote database with Iovations Risk Solution, which assesses the likelihood of based on the current and past behavior of a smartphone, tablet or laptop.
John Vasturia was named president of Munich Re Americas specialty markets and a member of the insurers U.S. P&C executive board. Jill Beggs has replaced Vasturia as head of new strategic markets, which includes Munich Re Americas innovation practice, corporate communications and the U.S. P&C cross-platform team.
In addition to adding former Assurant CEO Greg Tachetti as tech leader, the personal lines insurer is realigning its business units .
Liberty Mutual has prevailed over Progressive Insurance in the U.S. Court of Appeals for the Federal Circuit. At issue was the validity of five Progressive patents related to online customer experience, insurance telematics and driving scores that support Progressives Snapshot program.
Brian Griffith will join QBE North America as executive vice president of field management and distribution on August 31, and will lead the strategy for all distribution channels across QBE, including major and regional trading partner engagement in the United States.
Julie Stephenson has been appointed senior vice president and chief underwriting officer for CNA Commercial; she will report to Kevin Leidwinger, president and chief operating officer, CNA Commercial, and will be based in Chicago, CNA said.
The board of directors has appointed Harsha V. Agadi, a board member, as interim CEO and will begin a search for a permanent CEO.
By streamlining, automating and optimizing Tryg's underwriting support, policy administration, claims processing and customer care services, the insurer expects to become more customer centric, agile, digital and responsive.
Members of the IAT Insurance Group have implemented the electronic signatures application in an effort to improve internal processes, ease of doing business for independent agents, and delivering a better customer experience.
Accenture describes the DISC as an innovation hub that showcases applications, Internet of Things devices, and enables clients to test digital insurance products through proof-of-concept pilots to validate offerings.
GameChanger Suite now includes features and functionality for agency administration and maintenance intended to simplify tasks such as license management, creating flexible commissioning structures, and conducting agency bank account sweep for commission payments and clawbacks.
Robin Heller has been selected as chief technology and operating officer of the IMA Financial Group Inc., an independent insurance broker. Heller will oversee strategic technology development, IMA said.