Amid the accelerating economic recovery, the competition in the motor insurance market is intensifying. To make up for the losses sustained during the pandemic, insurers are unlikely to cut down premiums to incentivize customers. Instead, they will look for other methods to attract and keep them. But how to put…

Do bad drivers remain bad? No, with tailored coaching on safety, energy efficiency, and sustainability, you can change driving habits. I (initial investment) + O (operating costs) — R (remaining value after five years of depreciation), a simple formula to calculate the total cost of ownership (TCO) for a fleet…

Why it’s not enough to know where your drivers are heading to. Fleet management solutions have been around for quite a while and have gained a lot of trust from fleet operators. They are a necessary tool to do real-time mapping of fleets, dispatch drivers, and do basic reporting. …

This post goes out to everyone in the insurance sector but especially to those who have tried to integrate telematics in their insurance pricing models. Why are most insurance companies hesitant to create telematics products? We will make a strong hypothesis now: it’s because nobody really knows how to translate…

Don’t judge a book by its cover: it’s not all about creating another usage-based insurance. Telematics offers a variety of opportunities to speed up customer onboarding, increase competitiveness, and optimize your customer portfolio. Originally published at https://motion-s.com on February 9, 2021. You read it on every corporate blog, in every…