Commercial Auto Telematics Hitting a ’Tipping Point’

Telematics is revolutionizing the management of commercial fleets, driving enhanced safety, efficiency, and regulatory compliance among North American firms.

The growth of telematics usage presents a significant opportunity for commercial auto insurers, who can leverage telematics data in their underwriting and risk management strategies.

But there are challenges to scaling telematics-based commercial auto policies, including the logistical and economic issues of deploying telematics apps and a fragmented telematics market, an expert told Insurance Business.