London, United Kingdom (PressExposure) February 20, 2012 -- The interactive event brought to you by Telematics Update will be held on Thursday 1st March at 11am-12pm GMT and is now open to the entire insurance telematics community!
As of December 2012, insurers will be prohibited from using gender as a rating factor in motor insurance.
It is possible that other long-established rating factors will also change, such as age and property location.
Vehicle telematics therefore offers an opportunity to individuals to be assessed on a case-by-case basis, rather than be categorised by gender, age or location.
The regulations above, as well as technological advancements, customisation of products and driver-profiling are already altering the insurance telematics market.
Understanding how insurers, automakers, the government and tier one technology suppliers visualise their business model, technology and strategy developments in this field is critical for companies to design products and timelines in-line with current trends.
To explore these changes in the insurance telematics industry, Telematics Update has organised a live free webinar entitled How to Take Insurance Telematics Mass Market with Customer Friendly Solutions
The 45-minute session includes live Q&As and will be delivered by key industry figures including:
Manjit Rana, Founder, Ingenin (Ex AXA);
Paul Stacy, IT & Innovations Director, Wunelli, and;
Andrew Price, Practice Leader Motor Fleet, Zurich Insurance
The experts will:
Explore insurers' top priorities such as quantifying risks, reducing privacy concerns and working within regulatory parameters to simplify pricing policies
Learn how apps on smartphones and PNDs will help insurers offer customers a simpler UBI solution and use recent data to build multi-platform solutions
Assess how to develop an interactive customer feedback system which will utilise both cloud-based and USB-enabled data to build easily accessible and cost-friendly solutions
The webinar offers a chance to understand how some of the most successful insurance telematics players are viewing future development, innovation in technology, growth of the market and the move towards mass market penetration.
More than that, the opportunity to ask questions directly to industry thought-leaders for first-hand answers is here. The webinar can be joined for free at https://www3.gotomeeting.com/register/228286590 (places are limited, so register early).
For more information about how a webinar works, please contact:
Project Director |Telematics Update
P: +44 20 7375 7150