Analysis

How telematics can serve the boat insurance market

By 2020-09-11T06:50:00

boats at dock

Telematics guru tells Insurance Times how the boat insurance market could benefit from telematics as she reveals plans in her latest partnership and role as interim chief exec

The UK’s lockdown continuing has seen boat sales soar as more and more people decide to take staycations and as a result boat insurance has also risen– the same trend has been seen in the US.

A new partnership is bringing telematics to boat insurance which could save underwriters money, be a key opportunity for brokers too, as well as insurers and improve claims handling.

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