Learn How Zurich Insurance Leveraged Telematics Data to Substantially Cut Claims Costs
Claims as a Service (CaaS) provided Zurich with the most comprehensive suite of telematics and analytics services in the market, significantly improving claims costs beyond traditional accident detection.
Reducing claims costs is an important objective for insurers that until recently has been mired in past-generation techniques. Fraudulent claims, disputes over the nature of accidents or losses, and a lack of verifiable data about incidents can complicate judgments and cloud settlements. A comprehensive and complete approach to claims cost management—beyond basic accident detection (which represents only about 10% of the proportionate benefit that can be truly achieved with telematics)—offers a valuable means for insurers to reduce a broad grouping of expenses in this area.
Questions that Zurich wanted to resolve were:
Download Case Study Return to Case Studies
Fill out the form and download the case study below!
Stay up to date with industry news and trends
Advice, thinking and trends to help grow your business
See which industry events IMS will be attending