Interviews

Paul Stacy: Market conditions ‘perfect’ for better application of telematics data

By 2023-11-15T13:41:00

Motorcycles and taxis

’Without these vital ingredients, usage-based insurance propositions are unlikely to deliver reduced claims frequency and improved underwriting performances,’ says chief executive

Stories in the media, both here at Insurance Times and in the wider national press, have made much of rising motor premiums for UK policyholders. 

Earlier this week (13 November 2023), for example, insurance fleet management software provider Trakm8 published the findings of its national driver survey, noting that 28% of motorists thought rising costs were making motor insurance unaffordable. 

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