Telematics

So-called V2V and V2I technology records images and data, allowing an accident scene to be faithfully recreated.

North American insurers could offer a wide range of services based on telematics data, like those already offered in other countries.

With the benefits of telematics proven in cars, insurers are now turning their focus to the residential realm. Pet telematics, anyone?

Insurers must understand that "telematics is a play toward a one-to-one relationship with their customers, rather than an extra tool to price risk."

I'm cranky on the subject of the smart home because I've been hearing variations on this theme for 25 years without seeing a result.

As the smart home gains momentum, insurers need to do three things to begin to understand the implications and opportunities.

Connected cars will solve the problem of finding parking spots, on the street and in garages, greatly reducing traffic in cities.

While insurers use telematics to price better, Verizon is offering a connected car app with services that customers really value.