Join one of the following three tables before feeding back to the entire group...
Mobility as a service: Reality or a dream? We buy insurance for most things we do. But as our lives demand more mobility and more flexibility, what could insurers do to make mobility easy? Think about the multi modes of transport we use every day, and how we insure ourselves. Think about the trends in car ownership and how that affects us. Wouldn’t we want to simply pay per mile regardless how we get there? Train, plane or automobile? What is the ultimate mobility product that people would buy?
Insurance and the connected car: Insurers have realised that risk levels can be better understood from a vehicle that is connected. Loss ratio’s improve and that is a fact. But Telematics Insurance has only really taken off in US, UK and Italy and even then in young driver segments where premiums are high and discounts attractive. With the rise of the connected car, the cost of data is lower and theoretically connected car insurance should start to reach the masses. Will it? What are the barriers and how can they be solved? Think about car ownership trends? What happens when I change my car? What happens when I share my car?
GDPR – the death or the making of connected car insurance: GDPR is here. Will it kill or make connected insurance? Will the cost of managing data and making sure it is secure make connected insurance more difficult and costly? Surely the first company to face a fine will be the trigger for the others to dis-engage? Or will it make consumers feel better about their own data security? Will consumers feel that trading personal data for discounts is now a better deal than before GDPR? Should insurers use GDPR as a marketing tool to nudge consumers to buy?