Events Summary: Connected Car Insurance, Chicago and Cenex-LCV

Events Summary: Connected Car Insurance, Chicago and Cenex-LCV

Connected Car Insurance, Chicago USA

On 4th and 5th September, some of The Floow’s team attended the Connected Car Insurance USA conference at the Radisson Blu Aqua in Chicago. Focusing specifically on telematics for the US insurance sector, it brings together over 130 insurance carriers and 200+ leading technology vendors to discuss where connected vehicles, telematics, big data and AI meets auto insurance.

It provides the perfect opportunity to speak with insurers, gain further understanding around the state of the market and listen to customer needs directly, so we can continue to make informed decisions regarding our product development.

It was also a great opportunity to introduce the latest member of The Floow’s US team, Danny Maco, to the community as our SVP and General Manager for the Americas. Having spent a number of years leading telematics programmes in the insurance industry, Danny is particularly sensitive to addressing issues currently affecting insurers, because not so long ago, they were the problems affecting him daily.

The conference was an opportunity to talk about the partnerships we’ve developed in the US by working collaboratively alongside our partners, since opening our Detroit office in 2017. This was exemplified by the signing of our latest client, Eikos - a leading broker based in Mexico, further growing our reach and name throughout the Americas.

We also hosted a dinner for some of our friends and partners at the residence of John Saville, the UK Consul General, where as well as great food and wonderful views, our guests enjoyed an inspiring talk on the subjects of user engagement and behavioural design from Gabe Zichermann, a public speaker and author of works including The Gamification Revolution.

To find out more about our time at Connected Car Insurance Chicago, check out our blog.

Cenex-LCV, Millbrook UK

At the beginning of September, The Floow’s CIO and Co-Founder, Sam Chapman, attended Cenex-LCV in Millbrook to talk about the future of connected insurance and the impacts autonomous vehicles could have on this area.

Cenex-LCV is the UK’s premier low carbon vehicle and connected autonomous mobility conference and on the second day, Sam delivered a talk on ‘Insurance in a Connected and Autonomous World’ which focused on what is needed to make connected insurance a reality in the autonomous and assistive car world.

It’s a subject we’ve focused on closely through our involvement in MOVE_UK over the last three years as we worked to understand the timescale and cost of introducing autonomous vehicles onto our roads through live trials in real world environments.

This project gave us a unique insight into risk, data potentials and the future of insurance when autonomy forms part of the risk profile. We have discussed this subject further in our Future of Risk piece earlier in the magazine, where Sam and Dan Freedman, Director of Motor Development at Direct Line Group, provide their take on how the insurance market can prepare for the introduction of autonomous vehicles.

To find out more about our time at Cenex-LCV, check out our blog and you can read the reports from each phase of the MOVE_UK project on their website.