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.
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. Swiss Re said insurers can utilise telematics to tap into the opportunities presented by the increasing connectivity and automation of vehicles before fully driverless cars hit the road. Telematics will help insurers assess risk and price claims more accurately, and facilitate for more efficient claims handling.