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The enforcement of telematics technologies on the road by governments in the Middle East promises a significant reduction in the high levels of attritional loss suffered by motor insurers in the region
Insurtech interest in MGA formation is rising, according to Dan Saulter
Insurers are looking to further expand the size of the telematics market, but the main obstacle to progress is not the lack of data standards, but the unwillingness of motor manufacturers to share the data that they collect
Insurers able to deal with the issue of disparate legacy systems in the age of big data and predictive modelling will gain a substantial competitive advantage – those that cannot will suffer
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