ISO, a subsidiary of Verisk Analytics, will equip more than 600 company vehicles with telematics devices to monitor and record data about driving behavior. ISO says the information will include Global Positioning System (GPS) and On-Board Diagnostic (OBD-II) data for vehicle information and three-axis accelerometer data for driving maneuvers.
The project is designed to help ISO, through its Applied Informatix unit, to assess the methods needed to leverage this new source of data for analytics to predict loss and streamline rating, underwriting and claims workflows.
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