General Insurance Article - Telematics paying off


 Co-operative Insurance has said that an analysis of 10,000 young driver claims from the first year of its telematic scheme, indicates that the average cost of claim was 30% down. Accident rates for young drivers using telematics were 20% down.

Back to Index


Similar News to this Story

IPT receipts hit £5.52bn exposing a growing contradiction
Broadstone comment on the latest HRMC data showing Insurance Premium Tax (IPT) has collected £5.52 billion through the first seven months of the Finan
Customers want both Gen AI efficiency and human empathy
Generative AI (Gen AI) is transforming how insurance customers interact with their insurers – from researching products and comparing quotes to submit
Fraudulent insurance claims continue to top £1 billion
The ABI has stressed that the fight against fraud must continue as its annual detected fraud data reveals that £1.16 billion worth of fraudulent gener

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.