Matteo CARBONE: 16% of the motor insurance market in Italy is monitorized by telematics
This is one of the most evolved markets nowadays in what telematics is concerned -- which is not a product but a technology, noted CARBONE.
In comparison, in USA there are 3,3 million connected cars, while in the UK 0,6 million. Also, according to a recent study made by the ANIA- The Italian Insurers Association, the telematics insurance portfolio (the cars which have a connected box) has 20% less claims on MTPL.
Accordind to Matteo CARBONE, each market should look up to this unique approach and towards the implementation of telematics solutions - although this will take some time as markets obviously differ.