Daily Insurance Industry News
 
 
Daily Insurance Industry News
Tuesday 24th of April 2018
April 13, 2010

Reaction to pay-as-you-go Insure the Box

by Richard Kilner

Story link: Reaction to pay-as-you-go Insure the Box

Moneyextra.com’s head of Insurance, Peter Gerrard, has commented upon the launch of new pay-as-you-go Insure the Box.

Gerrard has described the launch as an interesting one, as motorists tend to be wary of black box technology monitoring their driving habits.

Areas of concern for consumers include speed limits, particularly whether or not they would be covered if they were marginally speeding.

Gerrard welcomed the transparency of Insure the Box, especially given previous opaque efforts by others to provide a similar service, but strongly advocated would-be customers to do their homework and browse thoroughly before opting for Insure the Box.

Technology has begun to play an increasingly large role with insurance; in December AXA launched its own iPhone app, AXAdent.

AXAdent helps guide customers of the firm through the claims process, providing helpful bits of information, and is available for free for both customers and non-customers.

 

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