Helping Insurers Adjust to the New Reality of the Sharing Economy The LTP Team had a pleasure to interview Brad Weisberg, CEO & Founder of Snapsheet, a free app for iPhone, Android and the Web that allows users to receive bids from local auto body shops. Snapsheet’s patent pending technology streamlines the fragmented claims process of obtaining an estimate and settling a claim.
The Five Insurtech Battles Those who want to understand the trends in insurtech must dare to look at what is taking place across the globe. Because innovation mostly takes place on the international stage. Domestic insurers, on the other hand, too often think from a local market perspective. insurtechs that are active in the European market can be categorized into five groups.
Admiral Insurance appoints Vodafone as telematics partner Vodafone has joined forces with UK-based car insurance provider Admiral Insurance to become its first digital telematics partner. It will provide underlying telematics for the Admiral LittleBox offer which delivers driving data to Admiral that can be shared with drivers through an online dashboard.
Innovation Executive Video – Leaders in telematics innovation Leaders in telematics innovation discuss innovation and telematics, and where opportunities lie in the future —John Heffernan, Senior Sales Director-Claims for Octo Telematics; Matteo Carbone, Founder and Director of the Connected Insurance Observatory; and Josh Thompson, Vp of Claims and Risk Engineering for State Auto Insurance—join Wayne Allen, CEO of Innovator’s Edge.
VODAFONE BECOMES THE NEW DIGITAL PARTNER FOR ADMIRAL CAR INSURANCE Vodafone has become the digital telematics partner for Admiral Insurance, the UK’s largest car insurance provider. As part of the new agreement Vodafone will provide the underlying telematics services for the Admiral LittleBox offer, including devices, connectivity, data management, crash analysis and safety related services.
Individual mandate repeal will put pressure on health insurers to go digital It took an entire year and political machinations that many Americans probably don’t want to think too much about, but the mandate that U.S. citizens buy health insurance or pay a fine – a major component of the Affordable Care Act -- is closer to being repealed than ever.