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EVOLUTION OF UBI AND TELEMATICS IN INSURANCE

SHARESHARESHARE

Telematics is growing, but overall participation remains modest: about a third of P/C carriers have telematics capabilities live or in pilot, and about a third of their policyholders participate in those programs. At the same time, vendors and carriers are beginning to move beyond traditional UBI programs to target services that are enabled or closely aligned with telematics, especially around claims.