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Business Commons

Open Access. Powered by Scholars. Published by Universities.®

Eastern Illinois University

2015

Business Law, Public Responsibility, and Ethics

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Full-Text Articles in Business

Does The Geographic Information Systems Benefit The Insurance Industry?, Andrew R. Brachear Jan 2015

Does The Geographic Information Systems Benefit The Insurance Industry?, Andrew R. Brachear

Masters Theses

This research is intended to determine if the insurance companies are benefiting from Geographic Information System technology in the insurance industry. This is based on the consumers' point of view through the use of research, survey results, and technology at the insurance company's disposal. Today, this technology is used in many different areas including renewable energy, delivery business, and city planning. Insurance companies use this technology in order to determine safe driving habits. Some examples include Progressive's Snapshot and State Farm's In-Drive. These devices are used to collect data on response time, speed, and breaking. This is a possible concern …