Claims Management: The Benefits Of Telematics Beyond Underwriting

 Wednesday, June 13, 2018

 Canadian Underwriter

Telematics, which records data on vehicle behavior, is used now mainly for underwriting, but the technology can also provide a treasure trove of information for claims adjusters, one vendor suggests. Auto insurance claims adjusters could potentially use telematics to determine how many passengers were in a vehicle that was involved in a collision and whether those passengers were wearing seatbelts, suggested Nino Tarantino, North American chief executive officer of Octo Telematics, in a recent interview. Telematics refers to technology that records data such as speed, location and driving behavior. It has traditionally been used by commercial fleet managers — for applications including vehicle diagnostics and tracking where vehicles were driven and when.