Data Management: The Key to Unlocking the Potential of Usage-Based Insurance
The U.S. usage-based insurance (UBI) market is poised to take off in the coming years as insurers aggressively
deploy UBI in order to improve risk evaluation. However, bringing a UBI product to market can be a difficult
process, requiring insurers to navigate a number of strategic and operational challenges. The most pressing
issue to address is how to harness the value of driver behavior data – how to gather, process, integrate, and
analyze data to derive meaningful insights over the long term. With strong data management capabilities, as
well as a well-defined strategic vision, insurers can ensure success in this rapidly growing market.
Submit the form on the right to gain access to the white paper.
LexisNexis, Lexis, Nexis and the Knowledge Burst logo are registered trademarks of Reed Elsevier Properties Inc., used under license. Other products and services may be trademarks or registered trademarks of their respective companies.