The Insurance Telematics USA 2015 conference (September 2–3 at the Radisson Aqua Blu in Chicago) is coming up fast, and I hope you can join me. Visit us at booth 30/31 to learn about our groundbreaking Verisk Telematics Data Exchange™ — the first-of-its-kind critical data link between insurers and consumers who drive connected cars. On September 2 at 12:15 p.m., don’t miss our president of underwriting, Neil Spector, deliver a keynote speech on Solving the UBI Puzzle. He’ll talk about the costs and technology constraints of collecting usage-based insurance (UBI) data and how a data exchange can help insurers develop new and innovative UBI programs. He’ll present key takeaways that insurers and auto manufacturers will want to — and need to — hear.
Insurers have worked for years to find the best way to ensure that premiums are commensurate to the risk of loss. It’s an ongoing challenge. One of the keys is directly measuring driver behaviors on the road — and that’s fueled the rise of the connected car. But how do you get that information in an easily usable format for UBI programs?
When you stop by our booth, you’ll see how the Verisk Telematics Data Exchange can transform the industry. Now, automakers can capitalize on valuable driving data and benefit from new revenue sources. Insurers can develop and implement new insurance programs, price risk more accurately, and increase customer engagement. And safe drivers can enjoy lower premiums.
We hope to see you at the conference. And when you stop by our booth, you can enter our contest and play a fun golf game to win an Apple Watch.