TU-Automotive: Desjardins and Volkswagen Pair Up To Discuss the Potential of Insurer-Automaker UBI Partnerships in Canada

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TU-Automotive confirmed today that leading Canadian insurance carrier, Desjardins will sit alongside global automaker, Volkswagen during a panel session focussing on the connected car’s role within the future of auto insurance at the Insurance Telematics Canada Conference 2015 (23rd – 24th April, Toronto).

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To welcome Volkswagen to Insurance Telematics Canada – the first ever automaker to comment on the Canadian UBI market – is something we are also very excited about.

The ‘connected world’ and ‘autonomous driving’ trends that are revolutionising mobility are shifting the responsibilities of those vested in auto insurance. There is no better example of this movement than the announcement that General Motors’ connected car service Onstar will provide data to power Progressive Insurance’s scoring algorithm (for those customers who choose to opt in). As the penetration of usage based insurance in Canada continues to grow, the community is asking themselves what auto insurance will look like in 2020 and beyond. Amongst the considerations is whether partnerships between automaker and insurers can also be expected in Canada.

Jack Palmer, Project Director for the conference commented, “To welcome Volkswagen to Insurance Telematics Canada – the first ever automaker to comment on the Canadian UBI market – is something we are also very excited about”. He went on, “…and it is testament to the progress that Desjardins are making in the usage based insurance space that they are willing to join the panel session and speak about concepts so future-focussed as driverless cars and insurance.”

Full details of the session can be found here –

THE CONNECTED CAR DRIVES INSURANCE OF THE FUTURE

With 220 million connected cars forecast to on the road by 2020, it is essential that the insurance community harnesses the 'Internet of Things' and other concepts to adapt and evolve in an 'ever-connecting’ world.

  • Look into the future! Discover what the insurance telematics ecosystem will look as announcements between automakers and insurers (e.g. GM-Progressive in the States) spread to Canada in the next 2-3 years
  • Today's Reality vs. The Connected Utopia: Future proof your insurance offerings by planning for products that work in sync with connected car platforms, whilst continuing to develop dongle or smartphone solutions for other market segments
  • Track the trend towards autonomous technology and get an insight into the effect that driverless cars will have upon insurance and liability of vehicles

Robert Gruszczynski, OBD Communication Expert, Volkswagen Group of America

Alex Veilleux, Chief Product Manager UBI, Desjardins

Barrie Kirk, Executive Director, Canadian Automated Vehicles Centre of Excellence

The Insurance Telematics Canada 2015 Conference & Exhibition (23rd-24 April 2015, Westin Prince Hotel, Toronto) will unite the emerging technical players of the UBI space with Canada’s biggest insurance carriers and brokers, making this a must-attend event to coincide with the recent rapid expansion of the industry.

For the conference program and speaker line-up, access the e-brochure at: http://1.tu-auto.com/LP=561 or contact the TU-Automotive team at insurancecanada(at)tu-auto(dot)com

For all the latest updates from Insurance Telematics Canada 2015, visit: http://www.tu-auto.com/insurance-telematics-canada/

Register by March 27 via the secure link below to take advantage of a $100 saving on all conference passes: http://www.tu-auto.com/insurance-telematics-canada/register.php

About TU-Automotive:
Tracking Automotive Technology: TU-Automotive is the reference point and communications hub for the evolving automotive technology segment as it converges with consumer electronics, mobile and IoT to re-define connectivity, mobility and autonomous use-cases.

Contact:
Jack Palmer
Project Director | TU-Automotive
7-9 Fashion Street, London, E1 6PX, UK
T: +44 (0) 20 7375 7572 (Global)/1 800 814 3459 ext. 7572 (USA Toll Free)
jack(at)tu-auto(dot)com

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