The use of GPS-connected telematics devices in vehicles has driven a dramatic increase in the number of insurers offering, and customers adopting, usage-based insurance (UBI) over the last five years. Now, developments in IoT technology present a further opportunity for insurers to move beyond connected vehicles and offer new insurance propositions in the home, commercial property, life, and other insurance lines. .
In this Ovum case study, learn how Octo telematics implemented a next-generation IoT and telematics platform to analyze 175 billion miles of driving data.