State Farm and Ford have completed an API pilot program that measured the impact of advanced driving assistance systems (ADAS) on the frequency and severity of auto claims. As a result of the data sharing and analysis, State Farm customers who drive certain models of Ford, Lincoln and Mercury vehicles can see up to a 20% discount on their policy. “Our new build data API piloted with State Farm is another way we’re using data to help our customers get the most out of their Ford, at a lower total cost of ownership,” says Tim Meek, digital insurance manager, Ford enterprise connectivity. “What’s more, State Farm can access build data back to 2010, which means second and third owners also benefit.”
GasBuddy has integrated Arity' s telematics technology into its app, leveraging the insurtech's measurements of driver behavior and mileage to provide a fuel-savings score for a user. The travel and navigation app will then personalize notifications to give opted-in customers suggestions for fuel savings. “GasBuddy has a large and engaged community of value-focused drivers, which aligns very well with our unique ability to understand and predict risky driving,” said Gary Hallgren, President of Arity. “Partnering with GasBuddy is another example of not only how we can help improve businesses in the transportation space, but also how we can help drivers be smarter on the road. By connecting with people in unique ways like this, we improve lives.”
HDI Secguros, a Mexican auto insurers, is launching a UBI program using Cambridge Mobile Telematics' DriveWell App+Tag platform. The prgram uses a smartphone’s and a sensor-equipped tag to measure speeding, hard braking, sharp turns, sudden acceleration, or phone distraction. THe product, HDI iDriving, comes with a rewards program where policyholders can exchange safe driving points for digital gift cards, coffee, e-commerce and more.