Consumers’ demand for instant gratification continues to shape products and service delivery models. Auto insurance and telematics solutions are no exception from these demands. Drivers want to skip the monitoring period with access to their driving data and accompanying benefits from the start. And, insurers want access to driving behavior data as early as point of quote, not just renewal. Now, they both can have what they want.
This timely webcast offers a 30-minute dynamic and interactive discussion among experts from LexisNexis and American Family Insurance who address the value – and nuances - of knowing more about customers and prospects upfront through telematics data for better risk assessment, precision pricing and an improved customer experience as early as point of quote.
You'll also hear these experts discuss:
- The industry’s greatest challenges and benefits of accessing telematics data as early as point of quote
- How to eliminate complexity and optimize workflows for scalable, convenient access to robust driving behavior attributes – regardless of source
- The applicability of the Fair Credit Reporting Act (FCRA) to telematics data and the need to resolve the data at the consumer level