The fusing of analytics and location-based technologies offers many advantages for insurers.A portmanteau of the words telecommunications and informatics, telematics describes the increasingly prevalent array of technologies that merge analytics with mobility. For insurers, telematics is the technology that underlies pay-as-you go insurance policies. Insurance Networking News asked Joseph Reifel, partner at Chicago-based management consultancy A.T. Kearney, about the challenges and benefits telematics present to the insurance industry.

 

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