Wednesday July 15, 2020

Do start-ups hold the key to slashing your insurance bill?

Investing in innovation could cut future premiums, writes Aviva boss Hugh Hessing

22nd April, 2016
Aviva is examining a smartphone app which monitors driving behaviour and could result in premium discounts for those who pass a certain safe driving threshold. Pic:

We all know how advances in technology have made our lives easier and more convenient.

Chores we used to hate (anyone remember queueing to pay your motor tax?) can now be done online.

We know from our own business that 73 per cent of customers prefer to go online for basic information on insurance, while 42 per cent of millennials prefer email contact with insurers.

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