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One of the most fascinating areas of growth is mobile-based data collection, or the use of smartphones to learn more about driver behavior.
Bosses from data and analytics firm LexisNexis Risk Solutions tell Peter Littlejohns what they believe the future trends will be as the industry increasingly adopts IoT and big data in its processes. A Compelo Insurance long read.
The insurance industry has been using data to price risk for years, but with technology now available to analyse large volumes of information for useful patterns, the value of understanding it has grown exponentially. Peter Littlejohns takes a look at five ways insurtech companies are using big data in the insurance process.