This session will be a real eye-opener for anyone wishing to get more information on this contentious issue of device data quality.
(PRWEB) August 11, 2014
This year’s Insurance Telematics USA Conference and Exhibition has a distinguished list of speakers sharing their insights with more than 800 attendees. Among these speakers is Jake Diner, CEO of Driveway Software, a smartphone-deployed, cloud-based technology that provides insurers with comprehensive insured driving data for better pricing intelligence – maximizing the opportunity for lower loss ratios and higher profits. While the technology sets new UBI standards, it is affordability, scalability and ease of rollout that are the true differentiators.
Driveway will be hosting a workshop titled “Is using an OBD Device the Gold Standard for Usage Based Insurance?” at the conference. To answer this question, Driveway will reveal detailed results from their Driveway Data Challenge, in which the driving of three drivers was monitored for three weeks by both a smartphone app and an OBD device.
According to Harriet Molyneaux, Project Director, Telematics Update, “The usage-based insurance device debate appears to have moved on from ‘if’ the smartphone will be utilized, to ‘when’ it will be incorporated into multiple UBI programs, making it a serious contender in most companies’ insurance strategies.” She continued, “This session will be a real eye-opener for anyone wishing to get more information on this contentious issue of device data quality.”
Additionally, Driveway will be exhibiting at booth #21 at Insurance Telematics USA 2014. Insurance professionals are invited to stop by, meet the Driveway team, and register to receive an emailed copy of the complete Driveway Data Challenge report. “We are thrilled to be part of the Telematics USA conference and the usage based insurance movement. As an industry, we are on the brink of auto insurance market disruption. We welcome the opportunity to help insurers quickly and cost-effectively enter the UBI market,” says Diner.
Further sessions led by hand-picked experts such as Progressive, US Dept. of Transport, Liberty Mutual, Driveway, California Casualty Management Company, Ford, Zurich, IBM and Towers Watson will cover regulation of new technology, next-gen cognitive UBI models, the consumer and disruptive new entrants to market such as Google.
Insurance Telematics USA 2014 is the largest event in North American to bring the entire insurance telematics ecosystem under one roof:
- 800+ senior executives attending
- Over 60 hand-picked thought leaders speaking
- 40+ sessions on disrupters, data & pricing, the consumer, the rise of the app and more
- Best in class for networking: over 20 hours of focused networking with the entire ecosystem
Take a look at the latest speaker line-up and recently added sessions: http://www.telematicsupdate.com/insurance-telematics/
The Insurance Telematics USA Conference & Exhibition (3-4 September at the Radisson Aqua Blu, Chicago) unities the insurance, software and automotive industries to examine the steps needed to implement a UBI program with a strong business model and take it to the mass-market: the tipping point is just around the corner.
For the complete Insurance Telematics USA 2014 agenda and speaker line-up, visit: http://www.telematicsupdate.com/insurance-telematics/.
Progressive stated that Insurance Telematics USA is a “Great opportunity to see all the major players in the telematics insurance space at one time”.
For the complete Insurance Telematics USA 2014 conference program and speaker line-up, access the e-brochure at: http://www.telematicsupdate.com/insurance-telematics/conference-event-brochure.php or contact the Telematics Update team at insurance(at)telematicsupdate(dot)com.
Register by August 8 via the secure link below to take advantage of a $100 saving on all conference passes: secure.telematicsupdate.com/insurance-telematics/register.php.
About Telematics Update:
Telematics Update Conferences are the most prestigious in the industry. We produce the largest telematics events in North America, Europe & Asia, and attract the most influential speakers providing a rich environment for establishing strategic relationships and networking.
Project Director | Telematics Update
T: (UStf) 1 800 814 3459 ext 7546 | (Global) +44 (0)20 7375 7546