In its recent report, “Telematics: connecting the dots”, Swiss Re stated that adopting telematics is a strategic decision which constitutes the first step for insurers to prepare for fully autonomous vehicles. Through these, Swiss Re said insurers can potentially positively influence policyholders’ driving habits, strengthen customer loyalty, and benefit from valuable cross-selling opportunities, such as for travel or household insurance. The report also states that it will be necessary to develop and implement an insurance policy in order to cover this new technology. Telematics will help insurers assess risk and price claims more accurately, and facilitate for more efficient claims handling.
In its recent report, “Telematics: connecting the dots”, Swiss Re stated that adopting telematics is a strategic decision which constitutes the first step for insurers to prepare for fully autonomous vehicles. The report also states that it will be necessary to develop and implement an insurance policy in order to cover this new technology. Telematics will help insurers assess risk and price claims more accurately, and facilitate for more efficient claims handling.