Through novel technologies and partnerships, microinsurance has made plenty of news in recent years addressing risk management needs of the disadvantaged and impoverished.
By valuing individual policyholder preferences and establishing proper guidelines in data collection and analysis, insurers can offer a wide range of UBI options that appeal to everyone.
Can driving risks be reduced by conditioning policyholders to operate their vehicles more skillfully while also teaching drivers better lifestyle habits?
Despite a slow start of its own, usage-based insurance has shown how innovation and adoption accelerate rapidly once friction is removed from the equation.
Despite a slow start of its own, usage-based insurance has shown how innovation and adoption accelerate rapidly once friction is removed from the equation.