Uneven road ahead: Telematics poised to reshape auto insurance
Most leading carriers in the U.S. have piloted or, in some cases, gone live with telematics insurance programs. Oliver Wyman's new report, Uneven road ahead: Telematics poised to reshape auto insurance, suggests that usage-based insurance is poised to have a fundamental impact on auto insurance in the U.S. In this report, we highlight the benefits and challenges facing auto insurers in adopting a telematics program, and we offer a number of questions insurers must address when considering how to adapt to this paradigm shift in the industry. As companies strive to be on the cutting-edge of many emerging technologies, getting the proposition right can lead to substantial top- and bottom-line benefits.Lead Authors
Thomas Robinson, Partner in the North America Insurance Practice
Kai Talarek, Partner in the North America Insurance Practice
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