Through various telematics devices, companies can collect data about how drivers behave behind the wheel. The data helps to understand how often and how harshly they break or accelerate, how fast they drive and how this speed compares with other road users. Putting all this together into a single score helps to measure how well an individual drives and it is this information that the insurer can use to provide additional discounts or other incentives to drivers who perform well. In our interview, Dr. Sam Chapman, Chief Innovation Officer and Co-Founder of a leading Telematics Organization explains how telematics data can support accurate insurance pricing and how it can benefit drivers and the environment.
On 3 February 2016 by 3 7 minutes