In a move toward making telematics data more portable between insurers offering usage-based insurance programs, Verisk Analytics has announced the Verisk Telematics Data Exchange, which will officially roll out next year with data from at least one large auto manufacturer.
GM has agreed to make data from its OnStar subsidiary available to insurers through the exchange. Verisk will develop models and filings so that even insurers without extant telematics models can use data from the exchange.
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