The auto manufacturers are providing connected vehicle services to discerning customers. This includes: GPS, Emergency notification, Roadside assistance, Concierge services and other offerings.
With regards to IT interventions and Data Analytics in insurance industry, the key areas are: enterprise intelligence, enhanced analytics, predictive analytics, data governance and data security.
Insurers have so far identified Analytics, Business intelligence, Data warehousing and Big data to help them make better use of the data they have, access newly available data and make better, more informed decisions to find opportunities, price them more effectively and reduce losses.
IRDAI has set up a subsidiary Insurance Information Bureau of India (IIB) for collating data from the industry and then analysing them
Predictive analytics is not just for fraud management in insurance industry anymore, but the same can extend into other areas of Claims Management such as Surveyors and Loss Adjusters assignment, Loss-adjustment expense and Decision-support
MODELEXAM® 
www.realsoftinfoplan.com