Volvo Turns the Important to Drive UBI in Europe

(PRWEB) March 13, 2014

Given that the concept of calculating insurance coverage premiums with telematics was conceived, there has been a increasing shift in the mentality of insurance coverage businesses. This is particularly true in nations such as the United kingdom, the place insurance premiums are some of the highest in Europe. Now insurance telematics policies are expanding yr on 12 months and pose a genuine threat to the standard implies of auto-insurance business. Year on year, the biggest automotive insurance firms collect at the Insurance Telematics Europe as they search to develop partnerships with automakers to obtain the raw information collected by telematics technology.

Similarly possibilities are now being realised by the automakers. Renault has recently opened their APIs to insurance coverage businesses to let accessibility to the R-Website link technique and in-automobile information to calculate insurance premiums. For the automaker this implies a higher degree of services to the customer, the place insurance providers are run by way of the automobile itself, based mostly on accurate car data to in the end supply cheaper premiums for the buyer.

David Green, Volvo’s market growth director has a explained, “This is an interesting time in the auto business simply because it feels as however we are on the verge of big adjust. The world wide web, connectivity and telemetry are by no signifies new phenomena nonetheless they, or perhaps we, appear to be reaching the right level of combined maturity to generate a genuine opportunity for innovation”. He continued to say, “For this purpose, occasions like the Insurance coverage Telematics Europe Conference are critical since it is the combination of information and details from existing organization designs which is fuelling the creation of new ones in the web of factors.”

Telematics Update will hold the 4th annual Telematics Insurance Europe 2014 Conference & Exhibition in London this Could (6-7th May possibly, Novotel London West, United kingdom). http://www.telematicsupdate.com/insurance-telematics-eu

Telematics Update has constructed an independently researched agenda for the Insurance Telematics Europe Conference & Exhibition, with 30+ key sessions and over 50 meticulously picked insurance coverage pros from Renault, Allianz, Volvo, Zurich, Microsoft, MoneySupermarket.com, Autoline, Young Marmalade, Thatcham, LV=, FBD Insurance, Boston Consulting Group, Towers Watson, Comparethemarket.com and far more.

At Insurance coverage Telematics Europe 2014 they will explore the essential topics that insurers encounter today, like:

   •  The Smartphone Proposition
   •  The Killer Value Extra Solutions
   •  Develop & Talk Value to the Client
   •  UBI Gamification: The Up coming Level
   •  The Impact of Data Requirements for UBI
   •  Underwriting for Fleets

Social Security: See how to tap into unlimited prospecting.

For the full Insurance coverage Telematics Europe 2014 Conference & Exhibition programme and speaker line-up go to the web site:

http://www.telematicsupdate.com/insurance-telematics-eu

Or speak to the Telematics Update group at insuranceeu(at)telematicsupdate(dot)com

“This occasion was extremely useful in gathering the principal gamers in a single area allowing direct comparison of
merchandise and solutions.” Aviva

“This occasion will turn out to be the vital yearly conference to keep linked inside of insurance telematics.” Liberty Mutual

“The general show was really informative, there was a good deal of important info I took from it.” Vordur Insurance coverage

Register just before Friday 14th March by means of the safe link under to take advantage of a £200 saving on all conference passes

https://safe.telematicsupdate.com/insurance coverage-telematics-eu/register.php
About Telematics Update:

Telematics Update Conferences are the most prestigious in the market. We create the biggest telematics events in North America, Europe & Asia, and entice the most influential speakers providing a rich surroundings for establishing strategic relationships and ne2rking.

Make contact with: Andrew PymConference Director | Telematics Update
T: (Worldwide) +44 ()twenty 7375 7599 | (UStf) one 800 814 3459 ext 7599
E: apym(at)telematicsupdate(dot)com

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