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johnholmes added new photos to Telematics car insurance
7 w

Telematics in insurance isn’t just progressing—it’s accelerating into a whole new era. Today’s vehicles have evolved into intelligent, connected systems filled with real-time data and advanced electronics. By 2030, it's projected that half of a car's value will be driven by its software and electronic components. This transformation is giving insurers the opportunity to go far beyond traditional usage-based models.

Welcome to Telematics 2.0—where AI and IoT converge to enable smarter, more sophisticated insurance solutions. From dynamic pricing and predictive maintenance to real-time risk assessment, this next wave of innovation is about more than tracking mileage. It’s about redefining the insurance landscape and unlocking strategic advantages across the entire ecosystem. https://www.simplesolve.com/bl....og/telematics-2.0-th

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johnholmes created a new article
20 w

Why 25% of Property and Casualty Insurers Are Turning to AI to Address Extreme Weather Risks | #climate risk for insurers

Why 25% of Property and Casualty Insurers Are Turning to AI to Address Extreme Weather Risks

Why 25% of Property and Casualty Insurers Are Turning to AI to Address Extreme Weather Risks

The devastating impact of Hurricanes Helene and Milton in 2024 underscored the need for insurers to reassess their risk management strategies in the face of increasingly extreme weather events. Helene struck North Carolina with force, causing widespread damage across 39 counties. Nearly ha
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johnholmes created a new article
30 w

Top 5 Features to Look for in a Modern Claims Management System | #claims management software insurance

Top 5 Features to Look for in a Modern Claims Management System

Top 5 Features to Look for in a Modern Claims Management System

In the insurance industry, the claims process is a critical moment for clients. Customers expect claims handlers to act with empathy, speed, and efficiency to deliver fair outcomes. However, this is often a challenge, as the transactional nature of the claims process has remained largely u
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