Torino, 30 maggio 2011
VIASAT GROUP PROTAGONIST OF INSURANCE TELEMATICS EUROPEAN CONFERENCE OF LONDON
May 3 and 4 London (UK) took place the first Insurance Telematics Conference held in Europe with a strong appreciation by the qualified audience.
Viasat Group, a whole Italian company, contributed to the success of the event as Main Sponsor, confirming his leadership in the Telematics for technologic innovation end for number of customers served. In addition to scenario’s presentations large space has been devoted to the business case with specific attention to real experiences and the benefits that warrant the adoption of Telematics.
Particularly significant at this regard were the presentations of Giuseppe Lemessi , Head of B2B Group's Viasat and Andrea Jurkic Strategic Innovation Program Coordinator Generali Group, highlighted the one the ability of Viasat to fully manage technological and organizational aspects related to telematics application and the other the wide range of opportunities that the adoption of telematics offers: product innovation, drastic reduction of the risk and cost of claims, accurate customer profiling related to driving behavior.
Among the most significant conclusions the recommendation to the insurance company to focus on the use telematics to improve its processes and its market share, leaving to its tecnological partner the burden of the optimization of the technological solutions. (A copy of the presentation is available to those wishing to investigate this link www.viasatonline.it)
The overview of the various experiences presented show also how the solutions of "Pay per use", in which Viasat Group is a pioneer, is a already growing market segment, although still focused on specific target market (young and low traveler) and how the actual "Pay As You Drive" is moving successfully his very first steps.
The attention of the leaders of insurance companies has been finally focused on real and measurable opportunity to lower the costs of claims through the adoption of virtuous driving styles, improved by the feedback of actual tracking data, and the reduction of fraud allowed by timely, objective and automatic issued incident description.
In summary, the benefits arising from the use of telematics for insurance can be summarized as follows:
- reduction of claims costs (reduction of risk of fraud-related operating costs and management)
- innovative product introduction - client’s selection and portfolio cleaning of the - retention policy
In a market that recognizes the primacy of Italy in the insurance telematics for number of customers and for the quality of the solutions adopted, Viasat could be considered as a benchmark in Europe in the theft prevention and claims management: Thanks to his agreements with ARC and the partnership with the Securitas Group, both present at the conference, Viasat is a reliable Paneuropean partner for the world of the Insurance that, perceiving the benefits of the telematics, is going to adopt it as a fundamental business lever.
Viasat Group warmly thanks the organizers, and all the participants and their partners that attended the event.