Pay-As-You-Drive (PAYD) insurance, a pivotal element of Usage-Based Insurance (UBI), marks a departure from conventional auto insurance by introducing a model that tailors premiums to the actual mileage covered by the insured.
What is Pay-As-You-Drive (PAYD) Insurance? Read More »
Telematics, a blend of telecommunications and informatics, technology stands at the forefront of an interdisciplinary field that merges telecommunications, vehicular technologies, road transportation, road safety, electrical engineering (including sensors, instrumentation, wireless communications), and computer science (encompassing multimedia and the Internet).
What is telematics? Read More »
Near-miss telematics allows for near-miss traffic events to be tracked and analyzed, offering a real-time insight into a driver’s behavior and risk profile.
Near-Miss Telematics in Auto Insurance Read More »
Through an examination of the technology that powers UBI, real-world case studies and statistical evidence, we will uncover how this UBI encourages safe driving
How UBI Encourages Safe Driving Habits Read More »
One of the most significant contributions of generative AI in auto insurance lies in its ability to overcome data scarcity
Generative AI in Auto Insurance: A Paradigm Shift Read More »
Usage-Based Insurance (UBI) is a dynamic insurance model that uses real-time data to tailor premiums based on usage and risk patterns. It collects data from connected devices and sensors to offer personalized risk assessment, benefitting both businesses and individuals. With AI and ML integration, UBI is poised to evolve into predictive analytics, revolutionizing risk management.
What is Usage-Based Insurance? Read More »
