The single biggest impediment to deployment of automated first notice of loss – or AFNOL – systems and broad adoption by users is system reliability. That is, ensuring false reports (aka false alarms) are minimized. Insurance providers and fleet operators must be able to rely on the inbound report as a real accident, and not ...
Insurance claims, and the cost of processing them, are expensive. At up to 80 percent of premiums earned, they can be the single largest expense for carriers. With today’s advances in connected car technologies, there is a new focus on automating the claims management process – from immediate accident notification to remote damage assessment and ...
Auto Dealers stand to reap enormous benefits from connected cars with 1) higher efficiency on the lot, 2) more revenue opportunities during the sale, and 3) improved customer service over the lifetime of the vehicle. And in order to tap these benefits, they will need to rely on a trusted 3rd party, not the OEM. ...