Interesting look at Fleet managers and Usage Based Insurance.
Many fleets use telematics to keep track of their vehicles but that technology is underutilised when buying insurance. Instead of using telematics to get a discount from UBI providers, fleet managers continue to rely on the same-old policies. “Telematics aren’t used for the insurance side of things,” said Blair Currie, vice-president of business development at IMS. “They are used for the risk-management side.”
