Frost & Sullivan to Provide Insights on Application Usage of Smartphones and Other Devices for Usage-based Insurance Solutions

Frost & Sullivan to Provide Insights on Application Usage of Smartphones and Other Devices for Usage-based Insurance Solutions PR Newswire MOUNTAIN VIEW, California, Aug. 20, 2012 - Automotive & Transportation team to sit on panel at Insurance Telematics USA 2012, along with other telematics experts MOUNTAIN VIEW, California, Aug. 20, 2012 /PRNewswire/ -- Frost & Sullivan's Vice President of Growth Consulting Lisa Whalen for the Automotive & Transportation team will sit on the "Map Your Route to Take Insurance Telematics Mass-Market" on September 6, 2012 - the second day of Insurance Telematics USA 2012 in Chicago, Ill. The panel aims to discuss the technological and data challenges associated with expanding services of usage-based insurance (UBI) solutions, along with the following: Understand insurers' need for multiple data collection devices, including the car and smartphone, and explore multi-platform (M2M) connectivity options to ensure the UBI solution is compatible with insurers' wireless requirements. Outline the business model for telematics data transfer from device to aggregator to insurer to understand how a range of wireless technologies involved can reduce costs. Understand relationships and ownership models between OEMs and insurers, and see how vehicle information can be transferred to provide insurers with comprehensive data sets.