Admiral Insurance launches telematics product with no black box
Car insurer Admiral is partnering with Ford Smart Mobility and telematics service provider Redtail Telematics to launch a new car insurance product to help safe drivers save on their car insurance premiums. Admiral Live enables customers that own Ford vehicles with a FordPass Connect Modem manufactured from 2021 onwards to share driving data, collected directly […]
British insurers give driverless capability warning
Insurance companies are warning carmakers and government regulators must spell out the current limitations of self-driving technology otherwise plans to make the UK a world leader could backfire. The news agency Reuters reports that insurers are concerned drivers might equate today’s lower levels of automation with fully self-driving vehicles, potentially causing more accidents in the […]
RAC launches pay per mile insurance
The RAC has launched a new “no ties” insurance system aimed at people driving fewer than 6,000 miles per year. The idea is thanks to the dramatically reduced amount of miles driven by people since Coronavirus restrictions were introduced last year. The Club says data shows drivers are covering 20% fewer miles than two decades […]
Daimler launches new mobility insurance business
Daimler has signed a strategic partnership with reinsurer Swiss Re to deliver automotive and mobility insurance from a new company they’ve called Movinx. Their business model is to develop fully digital automotive and mobility insurance products that, as they put it, “both fulfil changing customer needs and offer best-in-class service quality.” They say their new […]
Researchers offer insurers insight into ADAS risk
The motor research body Thatcham is offering insurance companies a new dataset which it says offers the most detailed insight yet to the risk-affecting technologies on new cars. It says ADAS technologies present insurers with “new risk considerations” and so is acting to give its members “the powerful data they need to understand vehicle risk […]
Insurance issues tackled in European MaaS podcast
The Mobility as a Service industry needs to work closely with the insurance industry to make sure travellers are protected across their journeys, a podcast has heard. The MaaS Alliance discussion featured Ruta Mikiskaite (Head of Client Solutions at SwissRe), Ed Axon (SVP of Business Development at TROV), and Justas Petronis (B2B and B2G Product […]
