TU-Automotive: Major European Insurers Move Telematics to the Top of the Boardroom Agenda

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Members of the board from Ageas, MAPFRE and Octo Telematics will take to the stage at The Insurance Telematics Europe 2015 Conference in London (14th-15th April Park Plaza Victoria London, UK) to address the current state of motor insurance and how telematics is driving its evolution.

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The car – and therefore the automotive industry - is experimenting with what is possibly the most radical change since the transformation of craft production into mass production.

MAPFRE and Ageas represent European insurance companies, both old and new, that are thinking progressively and moving with the technological leaps being made in the automotive industry.

Telematics opens up a new way for insurers to interact with their customers from the point of acquisition through to making a claim. But also, connectivity in cars means new models of car ownership, increasingly advanced safety systems and autonomous driving - all of which will have a substantial impact on traditional motor insurance business.

Josep Celaya, chief innovation officer with MAPFRE noted, “The car – and therefore the automotive industry - is experimenting with what is possibly the most radical change since the transformation of craft production into mass production.”

Jonathan Hewett, chief marketing officer with Octo Telematics said, “The future of insurance telematics is the future of insurance, it’s really not that complicated.” Hewett continues, “Powerful data and analytics to help price, immediate notification of events, claims reconstruction and insight based customer management are the new toolbox laid out in front of the insurer… analogue or digital it’s that simple.”

These two executives, along with Matthew Thomas, strategy and planning director at Ageas, will share an audience of approx. 400 European insurers, automakers and telematics suppliers at Insurance Telematics Europe 2015 (April 14-15, London). The panel session named, ‘A View from the Director’s Box’ will give a clear indication as to the high-level strategic decisions being made by key players in the motor insurance industry today.

Matthew Thomas has pointed out that, “The participants in this landscape – from insurers to motor manufacturers and suppliers must work together to embrace this development - making affordable road safety a reality with insurance premiums able to truly reflect the individual.”

At Insurance Telematics Europe 2015 insurers from over 18 countries across Europe will gather in London to hear from these C-level executives and 50+ handpicked experts Zurich, Renault-Nissan, FIAT, Carrot, RSA, LV=, Euro NCAP, Hastings Direct, Generali, PSA Peugeot Citroën, and insurethebox, and many more.

Read full article with insights from Octo Telematics, Ageas and MAPFRE here:
http://www.tu-auto.com/insurance-telematics-eu/pdf/Boardroom-ITEU.pdf

Other key topics that contribute to this debate include:

  • Telematics Redefining Claims
  • Creating Data Portability
  • The Consumer Perception of UBI
  • Collaboration with Automakers
  • The OBDII Apps Proposition
  • Roadmap to Autonomous Vehicles

For the newly published Insurance Telematics Europe 2015 conference programme and speaker line-up visit the website: http://www.tu-auto.com/insurance-telematics-eu

Or contact the TU-Automotive team at insuranceeu(at)tu-auto.com

Register before March 13th February via the secure link below to take advantage of a £100 saving on all conference passes: http://www.tu-auto.com/insurance-telematics-eu/register.php

About TU-Automotive:

TU-Automotive is a world leader in providing events and business intelligence to the automotive technology community, covering telematics, auto mobility, autonomous vehicles and legal & insurance. You can sign up to receive free weekly updates, including exclusive industry analysis, interviews and insights at: http://www.tu-auto.com

Contact:
Andrew Pym
Conference Director | TU-Automotive
T: (Global) +44 (0)20 7375 7599 | (UStf) 1 800 814 3459 ext 7599
E: andy(at)tu-auto.com

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Zsofia Kulcsar

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