Keyword
OEM
How OEMs may soon be eating insurers’ lunch on claims services
September 27, 2019 by David GambrillA world is coming in which auto manufacturers will be nibbling away at typical claims services offered by the insurance community, a collision repair expert told delegates attending the National Insurance Conference of Canada (NICC) last Monday. Speaking at a…
EY polls Canadian oil & gas refinery operators on equipment failure
August 28, 2017 by Canadian UnderwriterSome operators of Canadian oil and gas upgraders and refiners are delaying scheduled maintenance due to budget cuts and there is a heightened risk of equipment failure, especially with valves and pumps, Ernst & Young LLP suggested in a recent…
Fiat Chrysler Automobiles to join BMW, Intel and Mobileye in developing autonomous driving platform
August 18, 2017 by Canadian UnderwriterBMW Group, Intel and Mobileye (an Intel company) announced earlier this week that they have signed a memorandum of understanding with the intention for Fiat Chrysler Automobiles (FCA) to be the first automaker to join them in developing a “world-leading,…
Global market for usage-based insurance grew by 32% in 2016 to 14 million policies: PTOLEMUS
May 18, 2017 by Canadian UnderwriterThe global market for usage-based insurance (UBI) insurance grew by 32% in 2016 to 14 million policies, according to PTOLEMUS Consulting Group’s UBI Quarterly Dashboard, released on Thursday. The dashboard is a 100-page quarterly quantitative and business intelligence report surveying…
Telematics subscribers using embedded systems to reach 170 million worldwide by 2021, from 26.5 million at the end of 2015: report
December 21, 2016 by Canadian UnderwriterThe number of telematics service subscribers using embedded systems will grow at a compound annual growth rate (CAGR) of 36.4% from 26.5 million subscribers at the end of 2015 to 170.2 million subscribers at the end of 2021, according to…