/PRNewswire/ The "Global Usage-based Insurance Market for ICE & Electric Vehicle, by Package (PAYD, PHYD, MHYD), Technology (OBD-II, Embedded Telematics.
12 March 2021 Insurtech case studies innovation in action As part of Information Age s Disruptive Innovation month, we looked at some insurtech case studies for examples of innovation in action
The number of insurtech companies has exploded over the last five years.
The insurance industry, like other traditional sectors, is experiencing a wave of disruption at the hands of more nimble, innovative insurtech start-ups.
In this article, Information Age explores six of these insurtech case studies, which are demonstrating innovation in action across insurance.
1. SO-SURE and win-win insurance
SO-SURE is an insurtech that was launched to meet a growing need for change in insurance an industry that has been too expensive, lacks transparency and has a painful claims processes.
Posted on 10019
WNS Assistance, a part of the WNS insurance offering and one of the UK’s leading providers of end-to-end claims management solutions, today announced a new partnership with By Miles, an insurtech startup and motor Managing General Agent (MGA), to manage claims for a first-of-its-kind
connected car insurance policy using the real-time data of the vehicle.
WNS Assistance will deliver 24×7 claims management solutions for the company’s pay-by-mile policies, an innovative car insurance offering for drivers of connected cars who cover under 7,000 miles a year. This offering combines cutting-edge technology with a mobile app and uses actual mileage data directly from the vehicle’s mileometer to calculate monthly premiums.