Please try your request again. The emergence of the connected car is disruptive for both car makers and insurers with usage-based insurance set to playing a key role. In an interview at the Consumer Electronics Show in Las Vegas, Musk said that he was not worried about Tesla’s ability to compete against established automakers. While technical expertise to analyse data not previously resident at insurance firms may also need to be added, the level of data collection sought may only come when more vehicle models have modems.
The emergence of the connected car is disruptive for both car makers and insurers with usage-based insurance set to playing a key role. In an interview at the Consumer Electronics Show in Las Vegas, Musk said that he was not worried about Tesla’s ability to compete against established automakers. While technical expertise to analyse data not previously resident at insurance firms may also need to be added, the level of data collection sought may only come when more vehicle models have modems.