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Motor manufacturer data could be the ‘Holy Grail’ for improving telematics insurance

By 2022-09-05T08:33:00

car jigsaw, telematics manda

Partnering with motor manufacturers to leverage this data could also create new partnerships for the insurance sector, says chief executive

Motor manufacturers insert systems into their newer vehicles that could be utilised to monitor driving behaviour and provide insurers with the raw data needed to increase the deployment of telematic insurance policies.

This data would be “almost like the Holy Grail” for telematics-minded motor insurers, as it would remove one of the barriers to making telematics insurance more widespread – the cost of fitting a device that can capture the necessary driving data.

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