The Connected Car Insurance USA forum arrives this week (September 7th-8th) at the Radisson Aqua Blu Hotel in Chicago, and Hubio, as a leader in Connected Car technology, is again playing a major role. With the number of internet-connected vehicles skyrocketing, this year’s conference focus on the development of consumer-centric insurance solutions around connected mobility is more relevant than ever.
Impact on the bottom line
Joe Armeni, our SVP of Business Development & Insurance Solutions is speaking on a panel session entitled “Tune Insurance to the Fleet Beat” which explores the positive impact telematics can have on a fleet’s bottom line and how insurers can leverage UBI to enhance their value proposition in commercial lines. As a technology provider of telematics applications for fleet, Hubio brings experience of unlocking insights within the connected car ecosystem to the conversation. Joe highlights that, “… I’ll look to explore ways that insurers can add value to the fleets they insure and at the same time improve bottom line performance through better risk selection, improved rate segmentation and reduced loss costs.”
Beyond our Commercial Lines telematics offerings, Hubio continues to provide market leading end-to-end telematics solutions in support of the Personal Lines market segment. Hubio has deployed UBI programs for 3 of the top 20 Personal Lines insurers in the US. Our UBI solution includes a comprehensive logistics infrastructure and flexible platform, multiple data capture options including a smartphone only program, advanced crash detection reporting, a young driver program and more . Armed with our in-house insurance expertise, insurers can access the untapped opportunities in the UBI market and build a successful UBI program with Hubio.
Our CEO, Indro Mukerjee delivered his keynote speech about telematics’ move from disruptor to enabler at the Connected Car Insurance conference in Europe earlier this year. We believe that the key to enablement is to create a proposition that appeals to the consumers and that includes providing effective, flexible, technology toolkits that enrich the customer experience. Watch his full address: