Black box technology

Around the world, drivers have long been familiar with satellite navigation devices to help them find their way around. But now, GPS technology is also providing new directions for the marketing and underwriting of motor insurance. This InSights report looks at the latest developments in the usage of telematics, or “smartboxes” to enhance the competitiveness of motor insurers, crossing a range...

Around the world, drivers have long been familiar with satellite navigation devices to help them find their way around. But now, GPS technology is also providing new directions for the marketing and underwriting of motor insurance. This month’s InSights looks at the latest developments in the usage of telematics, or “smartboxes” to enhance the competitiveness of motor insurers, crossing a...

The British Prime Minister recently met with representatives from the UK insurance industry, the Association of British Insurers (ABI) and consumer and business groups to discuss the rising motor insurance premiums that many UK drivers are facing.

There was a commitment from the Prime Minister that the Government will take action to deal with what many view as a “compensation culture”...