November 13, 2023
Swedish truck maker Scania must share car data, such as vehicle identification numbers, with repair shops and parts distributors, Europe’s top court said on Thursday in a ruling that could provide a boost for the latter looking to tap a …
June 28, 2023
Businesses and Big Tech on Wednesday criticized European Union data rules agreed between EU countries and lawmakers, saying they could hinder data flow and contractual freedom, while a pan-European consumer group said they did little for Europeans. The Data Act, …
April 4, 2023
Car services groups on Friday warned a stalled EU proposal to ensure fair access to valuable vehicle data could pave the way for unfair competition from U.S. and Chinese tech companies. The vehicle data tussle between carmakers and a coalition …
March 6, 2023
Ford Motor Co.’s push to use reams of data generated by its vans and trucks – from engines to oil filters or brake pads – to attract more customers in the European and U.S. commercial vehicle market plays out on …
February 17, 2023
A broad coalition of insurers, leasing companies, car repair shops and others are calling on the European Commission to propose rules for fair access to valuable vehicle data soon, fearing further delays could see the initiative shelved after European Parliament …
November 10, 2022
Lloyd’s of London predicts that England will beat Brazil and emerge victorious at the 2022 FIFA World Cup – with France, Argentina and Spain falling just behind. Lloyd’s is going for a hat-trick of predictions, after correctly identifying Germany and …
September 8, 2022
Many of today’s insurance professionals lack the time, resources, data, and technology to create analytical tools within their organization that allow them to more effectively price property risks and compete against larger carriers. Designing new pricing variables, especially pricing variables …
December 28, 2021
Although property/casualty insurance carrier executives and technical professionals remain bullish on the prospect that advanced analytics can enhance growth and bottom-line performance, implementation progress has been slower than expected, according to a recent survey. In addition, one particular area—analytics associated …
July 16, 2018
Ahead of the recent World Cup in Russia, Lloyd’s of London predicted that France would be victorious. And victorious they were – with a 4-2 win against Croatia on Sunday. Interestingly, Lloyd’s also predicted Germany’s win against Argentina in 2014. …
July 12, 2018
Britain’s banks and insurers must take the lead in spelling out how they will use data collected from customers or they could face new rules, Financial Conduct Authority Chair Charles Randell said on Wednesday. Financial firms have been using Big …