How Telematics is Helping Commercial Auto Insurers Through a Challenging Market
Greg Jacobs of Verisk Analytics looks at how the technologies can reduce risk in auto and fleet management in this podcast interview.
Auto and commercial fleets have always posed a risk management challenge, but evolving market conditions, such as the ongoing driver shortage and social inflation, are exacerbating those risks and further underscoring the need to mitigate. Telematics is a tool that helps insurers more accurately understand underwriting risk profiles to address potential issues and reduce exposure.
We recently spoke with Greg Jacobs, Director of Product Management, IoT and Telematics at Verisk, to understand how telematics-based technology solves many of the challenges facing insurers and the most significant benefits of this technology.
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