TY - JOUR PY - 2022// TI - The transformation of the insurance industry and road safety by driver safety behaviour telematics JO - Case studies on transport policy A1 - Ziakopoulos, Apostolos A1 - Petraki, Virginia A1 - Kontaxi, Armira A1 - Yannis, George SP - 2271 EP - 2279 VL - 10 IS - 4 N2 - In contemporary motorized societies, human factors remain overwhelmingly responsible for road crash occurrence. Urged by considerable technological developments, insurers have integrated telematics to their operations to develop an array of Usage-Based-Insurance (UBI) schemes. The aim of the present research is to expand on the aforementioned topics based on trends from recently published research and discuss the transformation of the insurance industry by driver safety behaviour telematics. Firstly, an overview of the relevant technological advancements is provided, followed by the integration practices of telematics adopted by the insurance industry. A more in-depth examination of the tangible benefits of telematics and driver feedback in road safety is subsequently provided. The paper concludes with a discussion on the future directions of the transformation of the insurance industry, along with the related challenges and limitations.
Language: en
LA - en SN - 2213-624X UR - http://dx.doi.org/10.1016/j.cstp.2022.10.011 ID - ref1 ER -