Allstate’s Telematics Strategy: Responding to Evolving Customer Needs
When consumers decide what to buy, they want companies to treat them as individuals: "Do you know my unique needs?" and "Will you be there for me when I need you?"
The world is progressively witnessing heightened interconnectedness. Sensors present in physical objects capture data and link to digital communication networks. The data ... In our ever more interconnected world—from vehicles to manufacturers to health care to the power grid—solutions to avoid risk are becoming more common. Telematics insurance has traversed more than two decades, cycling through phases of curiosity, dedication and subsequent disappointment. Only recently has the U.S. auto ... When looking at the impact of telematics capabilities on insurance activities, we see the emergence of the transformative potential of this InsurTech innovation. Over the past several years, the property/casualty insurance industry's use of Internet of Things (IoT) has significantly accelerated. Beyond auto telematics, P/C ... A century-old insurer is evolving to help people manage the risks of everyday life, recover from the unexpected and realize their dreams in an increasingly hyperconnected ... There's an image accompanying the next article of this special report showing a closeup profile view of a visionary whose mind is connected to a network of things. (The ... Depending on what report you have read, totaled auto losses are up, down or relatively stable. Ever since the personal auto segment ... In its Global Economic Outlook report for 2023 through 2025, Allianz reported that the company expects global inflation to fall to 4.3 percent in 2024, down two ...
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