| dc.description.abstract | The purpose of the study was to explore the adoption and impact of GPS technology on motor vehicle insurance in Kenya's insurance industry. The problem being addressed by this research was the increase in insurance losses as a result of theft of motor vehicle covered by insurance. The research was seeking to find out the use of GPS tracking a tool to reduce such losses.
The objectives of the study are; to determine the extent to which GPS technology has been integrated to motor vehicle insurance sector in Kenya, to establish the impacts of GPS tracking technology on insurance firms and to identify the factors affecting adoption of GPS tracking technology in the insurance industry in Kenya.
To add to the objectives of the study the researcher adopted a descriptive survey design and data was collected from respondents by use of questionnaires. The questionnaires were self-administered to the respondents who were selected employees of all the insurance companies offering motor vehicle insurance cover in Nairobi.
Once the pertinent data was collected, the researcher carried out analysis of the same using descriptive statistics, regression and factor analysis. Where appropriate, the study results were used in tables and graphs. Findings of the study show show that not all the insurance companies have adopted the use of GPS tracking technology. The study also clearly shows that even though some of the insurance companies adopted the use of GPS it is not fully utilized because it mainly targets trucks and lorries and not all types of vehicles. | en_US |
