Technology is disrupting the insurance industry, but there are still plenty of opportunities and obstacles. Blair Currie, vice president of business development, for Intelligent Mechatronic Systems (IMS) sat down with TU to discuss changes on the road ahead.
TU: In which direction do you see the auto insurance industry heading? And how will personalization change the auto insurance business?
CURRIE: We believe that auto insurance is on the verge of significant change. It’s a well-established and conventional business with recognized performance models, experienced players, and a layered distribution system. One key change involves telematics, which IMS is helping drive ahead.
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