Is this the year for telematics?

The latest Insurance Business poll asked if 2014 would be the year that telematics takes off in Canada – and there was absolutely no question in brokers' minds where the future of auto insurance is headed.

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The latest Insurance Business poll asked if 2014 would be the year that telematics catches fire in Canada – and there was absolutely no question in brokers' minds where the future of auto insurance is headed.

By a margin of almost two to one, respondents agreed that telematics would catch on across the nation in 2014.

One indication of the success that telematics has already found in Quebec is the Mobiliz program, placing Industrial Alliance up for an award.

“Telematics will be spreading out in Canada at a fast pace,” says Jean Lapointe vice-president for Mobiliz. “Even the broker associations have inked some deals with telematics providers. It’s coming; 2014 will be the year of Telematics in Canada.”

Quebec has been the proving ground for telematics, through Industrial Alliance’s Mobiliz and Desjardins Insurance’s Ajusto product.

Our next poll has an Olympic theme:  Do you have clients that asked for travel insurance for the Sochi Olympics?

You can participate in the poll by going to the POLL HAVE YOUR SAY section on the home page.

 

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