The future of motor insurance - Swiss Re06f9e8bb-5413-49cf... · The future of motor insurance...
Transcript of The future of motor insurance - Swiss Re06f9e8bb-5413-49cf... · The future of motor insurance...
Closer ties with consumersvia value-added services and driver feedback
Demand for services like stolen vehicle tracking and accident management services is growing, which together with driver feedback increases customer loyalty.
The future of motor insurance
Reinsurance Analytics & Scoring Telematics infrastructure
in selectedmarkets only
Swiss Re shares the risk and helps insurers to start effectively engaging in telematics.
Connects any device to a telematics platform for driving feedback.
Dynamic, machine learning-based scoring platform allowing insurers to access raw data, do analytics or adapt the scoring.
Our end-to-end telematics offering consists of the following three pillars
in selectedmarkets only
For more information, visit our website: swissre.com/telematics
The future is connected
Flexible insurance products on the rise
Sources: Swiss Re, Ptolemus 2016, Osservatorio Connected Insurance 2016 Bain & Company and ANIA
By 2020 we expect more than two thirds ofcars sold worldwide will have some sort of connectivity (embedded or by device), generating vast amounts of telematics data.
Telematics data opens new opportunities for flexible insurance products. 50% of the world's vehicles by 2030 will be insured with usage-based policies. In Italy, 4.4m cars are already equipped with a telematics solution, in the US and the UK it is 3.3m and 0.6m, respectively.
Connected, flexible and consumer driven