Insurance telematics is gaining popularity globally, according to a recent Ernst & Young report. In its
study on telematics technology trends and its future, E&Y finds that the sales of approximately 104 million cars globally and 16 million cars in the US alone will promote the telematics adoption worldwide. This will happen simultaneously with the increasing use of smartphones and strict safe driving regulations.
This article, published by Insurance and Technology, describes how a combined use of telematics in conjunction with mobility will gain popularity in the US insurance market and also save insurers to save money.