2017 - The Year Commercial Insurance Telematics & UBI Becomes Inevitable for Insurers

Aon Benfield Tom Cullen
Managing Director, Aon Benfield

NAUTO Shobana Sankaran
VP of Insurance, NAUTO

Farmers Insurance Guy Dougherty
Head of Commercial Auto Product Development, Farmers Insurance

IMS Christopher Dell
Director Product Management, IMS

2017 marked the poorest underwriting results in recent years for commercial lines insurers. Due to adverse loss frequency and severity trends, including those caused by distracted driving, commercial lines combined ratios have risen to over 100%. In order to stay profitable, commercial insurers have been forced to increased rates to the ultimate dissatisfaction of customers. Is there a better way?

  • Understand how to insurers can tap into existing fleet interest in telematics insurance for usage and advantage to become profitable again
  • Discover the importance of first to market with telematics, and how it can change the current dynamics of customer acquisition and retention
  • Understand whom to target and the complete spectrum of solution capabilities you need to offer, including the available telematics models from OBD to mobile and more

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