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How will auto insurers and data suppliers line up for the expected impact of big(ger) data upon the UBI market?

How will auto insurers and data suppliers line up for the expected impact of big(ger) data upon the UBI market?

In-vehicle infotaintment systems allow vehicle users to perform a number of tasks including making/receiving phone calls, send/receive text messages, utilizing navigation, access social media and internet services while driving. Bluetooth technology and/or smartphones can assist drivers to use the capabilities of infotainment systems while driving. Infotaintment system Electronic Control Modules...

Ford and GM both will track driving data and give them to insurers anonymously, allowing a consumer to contact the carrier if their driving habits will cut premiums.

Projections for growth in connected cars, population, and new vehicles on the road suggest a potential exists for UBI adoption to expand exponentially in China and Brazil.

Automakers, facing stiff fines for lackluster recall completion rates, are going to new lengths to reach owners of the millions of cars with known safety defects that remain on the road.

Recently ranking No. 18 on Forbes list of the Worlds Most Innovative Companies, Verisk Analytics encourages its employees to push boundaries and ideas.

Connected cars present a rich target, akin to retailers or banks, where hackers can troll for credit card numbers, home addresses, e-mail information and all the other personal details required for identity theft.