InsurTech Futures: Telematics the proof point for InsurTech
Octo Telematics vice president Jonathan Hewett says telematics technology is big opportunity for brokers.
Insurance telematics is a great proof point for InsurTech, according to Jonathan Hewett, vice president of Octo Telematics.
Hewett told Insurance Age: "It's one of the things that work. Telematics is a lot about changing processes as well as changing the nature of the business."
He further noted that when it came to car insurance, technology enabled "the innovation in types of policy, the way policies are priced and the way claims are managed".
Brokers
According to Hewett, brokers have a "huge
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