Mitsubishi Motors and LexisNexis Risk Solutions have partnered on a usage-based insurance proof of concept, intended to expedite telematics reporting for cars made by the Japanese automaker.
As part of the agreement, data collected using the pilot technology will integrate with LexisNexis Telematics Exchange platform, enabling Mitsubishi to improve analytics capabilities and help enroll drivers into usage-based insurance programs. Telematics Exchange collects and scores data from multiple sources, including auto manufacturers, dongle devices and smartphone apps, into a service that carriers can use to develop their UBI initiatives.
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