Towers Watson, a global professional services company, and Hughes Telematics, Inc.(HTI), a Verizon company providing connected solutions, announce they have formed a strategic alliance to provide personal line U.S. auto insurers with comprehensive data services for usage-based insurance (UBI) programs.
With the alliance, Towers Watson's DriveAbilityservice offering will be powered by HTI's In-Drive solution. DriveAbility helps insurers convert driving data into industry-applicable metrics, which enables the development of new insurance products and services for consumers.
HTI will utilize its automotive telematics platform to offer enhanced data services and provide the connectivity for additional telematics features. Through the alliance, DriveAbility provides a way for insurers to go to market with a UBI product.
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