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Zach Brogadir

Powerful New Technologies Are Impacting Trucking Safety and Future Risks

Powerful New Technologies Are Impacting Trucking Safety and Future Risks
Zach Brogadir • June 02, 2016 Posted in: Blog Posts, Telematics / UBI
Recent technological advances have been shaking up industries with traditionally lengthy, stable histories. Just look at how the taxi industry has been impacted by ride sharing apps like Uber and Lyft. The trucking industry is just as vulnerable to change. New technologies are impacting the way trucks are driven and causing us to consider whether we even need humans to drive them at all. 
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Tags: Telematics, Loss Reserving, Usage Based Insurance, Driveway Software, Big Data, Long Haul Trucking
Gary Wang

Educational Opportunities Await at the 2016 CAS RPM Seminar

Educational Opportunities Await at the 2016 CAS RPM Seminar
Gary Wang • March 09, 2016 Posted in: Blog Posts, Predictive Analytics, Pricing & Product Management, Telematics / UBI
With the Casualty Actuarial Society (CAS) Ratemaking and Product Management (RPM) Seminar around the corner, I would like to take a moment to highlight a couple of the conference’s educational sessions.

The CAS continues its tradition of supporting the growth and expansion of members’ skill sets through a series of workshops, and Pinnacle is proud to be part of this educational process. For the third consecutive year, we will be part of the team leading the R workshop on Monday, March 14th.
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Tags: Telematics, Predictive Analytics, Casualty Actuarial Society, Ratemaking and Product Management Seminar, RPM Seminar, CAS
Katey Walker

Join Us in Orlando for the 2016 Ratemaking and Product Management Seminar

Join Us in Orlando for the 2016 Ratemaking and Product Management Seminar
Katey Walker • March 01, 2016 Posted in: Blog Posts, Predictive Analytics, Pricing & Product Management, Telematics / UBI
Pinnacle is excited to be attending the 2016 Ratemaking and Product Management (RPM) Seminar sponsored by the Casualty Actuarial Society in Orlando, Florida from March 14—16. This three-day seminar includes over 70 educational sessions on ratemaking, predictive modeling and product management.
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Tags: Casualty Actuarial Society, Usage Based Insurance, Ratemaking and Product Management Seminar, RPM Seminar, Driveway Software, Vertafore, CAS
Roosevelt Mosley

Google Compare: A Textbook Case of Innovation Gone Right

Google Compare: A Textbook Case of Innovation Gone Right
Roosevelt Mosley • February 23, 2016 Posted in: Blog Posts, Insurance / Insurers, Predictive Analytics, Telematics / UBI
In 2011, Google purchased BeatThatQuote, an auto insurance price comparison site in the UK. This led to the launch of Google Compare in the UK in 2012, and provided auto insurance quotes from participating insurance company partners to internet searchers. In March, 2015, Google announced the launch of a similar insurance aggregator site in the United States called “Google Compare for Auto Insurance.” Today, February 23, 2016, less than one year after launching the site in the US, Google announced that it will be shutting down Google Compare in both the US and the UK.
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Tags: How Google Works, Google, Google Compare, Innovation Gone Right, BeatThatQuote, Insurance Aggregator, Fail Well, Google Wave, Googlers
Trent Goughnour

Insurance Telematics USA 2015

When Will We See Real Adoption in the US?

Insurance Telematics USA 2015
Trent Goughnour • September 28, 2015 Posted in: Blog Posts, Predictive Analytics, Telematics / UBI
This year at the Insurance Telematics USA conference in Chicago, Illinois, there were a variety of presentations regarding the future of telematics, potentials for the devices, smartphone apps, data, and how Usage Base Insurance (UBI) is evolving in the US. The over-arching theme of many presentations centered on adoption, or rather, the slow adoption seen in the US and what can be done to increase acceptance. The insurance industry is focusing more attention on increasing UBI adoption, and statements like “UBI is just around the corner” were repeated throughout the conference. In spite of this, wide adoption seems elusive in the US.
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Tags: UBI, Telematics, Usage Based Insurance
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