Telematics: What is it? Written by JTP Insurance on May 8, 2023
Telematics in the Insurance Industry
Do you ever wonder how the insurance industry can determine precise premiums for customers? The answer lies in the integration of telematics technology. Telematics, an emerging form of connected mobility, are allowing insurance companies to redefine their risk analysis process to better provide risks and protections that more accurately reflect their customers' lifestyles. In this blog post, we will discuss what exactly telematics in the insurance industry is and why it's important for businesses and individuals in ...