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The Future of Auto Insurance Lies in the Use of Telematics and GPS Technology
Posted on Tuesday, June 27th, 2006 at 6:23 pm

 

According to TowerGroup analyst and product manager Josh Kessler, the future of auto insurance lies in the use of telematics and GPS technology to provide customers with usage-based insurance (UBI) ratings on policies. “It has already seen eager adoption in the UK and the Netherlands,” says Kessler. “Over the next few years it should pick up steam.”

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Factoids
Factoids  
  In the 1970s, Norman Mailer coined this word to describe small facts that might be meaningless or untrue. As with so many other words and phrases, technology practitioners have re-purposed the word 'factoids' to mean small, factual pieces of information that are relevant and useful. We’ve assembled some insightful factoids that tie into articles that you may find interesting. Our factoids are updated regularly to reflect current thinking and trends.  
     
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