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Verisk, Ford of Europe team to deliver auto telematics data

The agreement will provide insurance companies with more precise insights into a driver’s risks and allow for the tailoring of policies.

Mark Harvey, director of business operations, enterprise connectivity, Ford of Europe, said: “Through their innovative analytics solutions, we are able to make sure that our customers receive the most accurate and budget-friendly insurance plan options, rewarding safe driving behavior.” (Credit: Ford Motor Co.) Mark Harvey, director of business operations, enterprise connectivity, Ford of Europe, said: “Through their innovative analytics solutions, we are able to make sure that our customers receive the most accurate and budget-friendly insurance plan options, rewarding safe driving behavior.” (Credit: Ford Motor Co.)

The Ford Motor Co. and Verisk are starting a joint effort in Europe & U.K. to deliver “insurance-ready” data from connected Ford vehicles to help insurance companies develop usage-based programs. In addition to the U.K., the service will be available in Germany, France, Italy and Spain.

The agreement will provide insurance companies with more precise insights into a driver’s risks and allow for the tailoring of policies, according to Verisk. Once a driver has given consent, insurers will be able to view standardized metrics Verisk pulls from the connected vehicles through the company’s Data Insight Hub.

Steve Hallo

Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected].  

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