Précis:
Siegfried Mortkowitz looks at the prospects of usage-based insurance reaching its tipping point in the U.S. market, what is driving the solution as well as the obstacles still to overcome.
If few people in the U.S. car insurance market still harbor any doubts that telematics will eventually become an essential tool in rating risk and pricing, and that usage-based insurance (UBI) will ultimately become the dominant auto insurance solution, we are nevertheless still some distance from realizing that vision.
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