Driverless Cars – The Future of Motoring

Driverless Cars auto insurance

Driverless cars may be far closer to becoming reality than is generalised realised according to new research by MoneySupermarket.com. Eight major global players are all competing to take this developing industry by storm, with Mercedes set to win the race to be first to market with a driverless S-Class set to be made available later this year. The Mercedes solution will be capable operating without driver input at speeds of up to 25mph, which will allow drivers to avoid tedious and stressful inner city driving. This will be very similar…

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Insurance marketing success with social media

social

Social media is hot right now, and may remain so for quite some time. This trend blends personal profiles with businesses and services. Those using social media can like or follow anything they find interesting. As you know, insurance can be a dry subject, but it does not have to be. If you can find ways to remain relevant and engaging on social platforms like Facebook, YouTube, Pinterest, Google, and Twitter, you can see amazing results. A little effort in online insurance marketing can go a long way. You have…

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EU to introduce tough rules regarding data use and protection

The European Union is preparing to propose new regulations concerning how corporations use the personal data of Internet users this week. The new rules could have a major impact on companies like Google and Facebook as they would put staunch limits on how they use the information of the people that use their services. Viciane Reading, vice president of the European Commission, a branch of the EU, claims that the new rules are needed to remove the grey areas that exist in Europe’s legal system. Europe is currently awash with…

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Autonomous Toyota Prius causes minor crash in California, insurers unsure how to react

Google has been developing an autonomous vehicle that can, allegedly, travel without human interaction. The big-name technology company has kept quiet about the vehicle, releasing only choice bits of information throughout the years. What little is known about the vehicle is that it is a Toyota Prius and has apparently traveled more than hundreds of thousands of miles, according to Google representatives. Google has been so bold as to say that the vehicle could never be in a crash, a notion that was proven false last month. Google’s autonomous car…

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Demand for cyber insurance skyrockets following multiple high profile hacking attacks

Companies have been taking out hundreds of millions of dollars worth of cyber-insurance in order to help protect themselves after having witnessed the impact of a large number of high profile data attacks by hackers.  Regardless of the fact that many policies still leave organizations vulnerable to claims, they are trying to gain the added protection of the insurance on top of their efforts to boost their other security efforts such as improved training for employee and human resource functions, and information technology practices.  That said, some of the forms…

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