Our latest eBook contains an introduction to insurance telematics and outlines how best to tackle the big data analysis dilemma.
The challenges that insurers face when utilising big data.
Analytical techniques available to extract driver behaviour.
The ability to determine accurate driver risk profiles.
The Rise of In-car Telematics: In the recent issue of Insurance Times (April 10, 2013, Issue 130410, Telematics Woes, page 15), our Product Director, Richard Jelbert, was quoted saying that the rise of integrated telematics solutions by car manufacturers could “lead to a proprietary lock-out, which would prove unbeneficial to insurers and end users alike”. This is a topic which Richard is passionate about and has written a letter to the press to explain ...

Over the past decade we have witnessed the dramatic growth of motor insurance sales on the internet. Price comparison sites now account for the majority of all private motor insurance new business. The motor insurance market is highly competitive and price elasticity continues to decrease as price and product comparison becomes ever more transparent and straightforward for customers. Insurers seek to improve and enhance ...

MyDrive Solutions' telematics offerings give our clients' claims teams many advantages over other claims handlers. We can identify a driver's speed, acceleration, braking and cornering; we also know the car's location and the road network. As a result, our client's claims team has access to substantially more information, much faster than other claims handlers providing a distinct advantage to control and/ or contain costs.

Device selection, supply chain management, data storage, driver behaviour profiling and big data analytics – perhaps not the first words that pop into mind when thinking of telematics, but nevertheless they are all equally as crucial as the data that is generated. MyDrive Solutions' end-to-end service offers a completely outsourced fully-functioning approach, from device selection right through to managing the proposition ...
Copyright - MyDrive Solutions - 2013