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The technology that’s shaking up insurance

Technology continues to play a central role in transforming our world, and the auto insurance industry is no different. With competitive pressures driving insurers to find ways to cut business costs and improve both productivity and efficiency, the utilization of telematics technology is becoming increasingly popular.

“When telematics data is integrated into key systems such as policy administration, underwriting and claims, it can streamline the entire policyholder lifecycle process, reducing costs and improving customers’ experience,” says Nino Tarantino, CEO, Octo Telematics North America.

Read the full article here.

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