[CAS International Webinar] Telematics: Beyond Pricing

Event Details

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Wednesday, July 10, 2024, 9:00-10:30 AM (GMT+8)
Tuesday, July 9, 2024, 8:00-9:30 PM (CDT)

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About This Event

This webinar is 90 minutes. 
This webinar is complimentary to non-North American audiences in the CAS. 

Insurance companies now have access to actual driving data from connected vehicles or aftermarket sensors. US insurance companies have primarily leveraged this driving data as a pricing tool. Other countries may not have the rating flexibility to emulate the US products. The presenter will cover the opportunity beyond pricing primarily focusing on the safety use case.

Key Messages

  1. The insurance industry in most countries has focused on using driving data for pricing 
  2. There is tremendous opportunity to use driving data to support other customer value propositions 
  3. Insurance companies should be pursuing Driving Wellness programs, similar to Health Wellness programs.

Learning Objectives

  1. Identify primary non-pricing customer value propositions for telematics (i.e., monitored) policies 
  2. Understand essential elements for an effective behavior change program
Registration Information
This webinar is complimentary to non-North American audiences who are part of the CAS and the CIA. The webinar will be conducted over GotoWebinar. Please make sure to test your system.
Speakers

Geoffrey Werner, FCAS, Managing Member of Werner Advisory LLC

Geoff Werner has been an actuary for over 30 years. Geoff is currently the Managing Member of Werner Advisory LLC and was a member of the CAS Board of Directors. Prior to that, Geoff worked for two top 10 insurers, two well-known global consulting firms and a leading global telematics service provider.

Geoff is a recognized expert in insurance pricing as evidenced by being the co-author of the text used by the Casualty Actuarial Society (CAS) to teach ratemaking to all actuarial candidates. Throughout his career, Geoff has been on the forefront of insurance product innovation. Over the past 15 years, he has helped more than 50 companies around the world launch products leveraging telematics and IoT data.