Global Commercial Vehicle Insurance: Why Insurers Need Telematics for Profit

Telematics systems create ways for carriers to control claims exposures and increase engagement.

Boston, August 12, 2020 – The commercial vehicle insurance market has been facing strong headwinds for the last few years and is finding it increasingly difficult to manage risk while controlling costs and improving customer interactions. Carriers have looked to telematics systems as a partner in this fight for many years, but technology advancements have created new opportunities for carriers to leverage these systems throughout their commercial vehicle segments. As the commercial vehicle insurance market continues to evolve, can these solutions help the industry manage current risks and prepare for future changes?

This report outlines key commercial insurance market trends and presents a telematics feature function roadmap. It discusses what lies ahead for the market and profiles 12 vendors: Amodo, Arity, Azuga, CMT, DriveQuant, IMS, OCTO, SpeedGauge, Telematicus, The Floow, Verisk, and Verizon Connect. This report’s analysis is based on 25 interviews of global telematics companies and other insurance industry executives and influencers conducted during Q1 and Q2 2020.

This 56-page Impact Report contains eight figures and eight tables. Clients of Aite Group’s P&C Insurance service can download this report, the corresponding charts, and the Executive Impact Deck.

This report mentions AIG, Allstate, BNP Paribas, CalAmp, Carrot, P&V Assurance, Philadelphia Insurance, and Porsche.

Related Content

Get Summary Report

"*" indicates required fields

This field is for validation purposes and should be left unchanged.