- Connected cars currently exist, but not in large enough volume and insurance policies are in infancy stage.
- Data will be used to create a clear picture of an individual’s risk profile across all age groups instead of the current group of younger drivers.
- Car manufacturers will become embedded in that insurance value chain which will increase market competition.
Understand connected cars and their impact on insurance...
This report covers connected cars technology and how this technology can facilitate the advancement of the auto industry. Connected cars will give key information to both drivers and insurers, allowing for improved safety on the roads.
Companies mentioned in this report:
Admiral, Aviva, State Farm, Geico, Allianz, Mile Auto, Ergo, Mercedes Benz, BMW, GM, Volvo, Porsche, Churchill, Direct Line, AXA, Zurich, Progressive, Allstate, Nationwide, Esurance, Travelers, insurethebox, By Miles, Coverbox, ThingCo, Marmalade, Bright Box, Metromile, Root Insurance, Hastings Direct, RAC, Markerstudy, ingenie, Tesla, Volkswagen, Ford, Daimler, Audi, Toyota, Mazda, Volvo, Continental, DHL, Telstra, Cohda Wireless, Qualcomm, Keysight, Harman, Alibaba, Huawei, Broadcom, Cypress Semiconductor, Waymo, Uber, Baidu, Aptiv, NVIDIA, Intel, Apple, Amazon, Tencent, Disney, AT&T, Salesforce, Zipcar, Drivy, Lyft, Ola, Grab, Didi Chuxing, Boeing, RSA
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