Tag: telematics in insurance industry

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How Telematics is Revolutionizing Risk Assessment in Insurance

How Telematics is Revolutionizing Risk Assessment in Insurance

The integration of telematics in the insurance industry has transformed the landscape of risk assessment, offering unprecedented opportunities for both insurers and policyholders. Telematics, the technology that combines telecommunications, monitoring systems, and computing, enables the collection and analysis of data from various sources. In the insurance sector, this technology is revolutionizing how risks are evaluated…