CAMBRIDGE, UK –– A survey conducted by Redtail Telematics, the long-established provider of integrated telematics solutions worldwide for the automotive, insurance and fleet sectors, and YouGov reveals that insurers are missing opportunities to win new telematics motor insurance customers. The intransigence of insurers to promote telematics is at odds with consumer demand as the popularity of telematics based insurance continues to rise as consumers recognise the savings that can be achieved by switching to a telematics-supported motor insurance policy.
• Only 4% of respondents have received any communication from their insurer to discuss adopting a telematics based insurance policy
• 76% of respondents have never had their insurer contact them regarding the benefits of a telematics-based motor insurance product
• A report by Compare the Market found telematics quotes are cheaper than standard car insurance for 78% of drivers aged...