With so much interest from insurers in connected-car data, alliances between automakers and insurtechs are becoming more common throughout the industry so that the data holders can provide actionable information to carriers.

The insurtech Otonomo launched in late 2015 and currently holds 10 data exchange partnerships with carriers in the U.S., Europe and Japan. The Israeli-based company also works with nine automobile manufacturers, including BMW and Daimler AG, monetizing data and selling it to carriers for usage-based insurance services.

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