Verisk Insurance Solutions has announced a strategic partnership with Driveway Software to develop a smartphone telematics app for insurers and automakers.
The product will combine Driveway’s mobile telematics platform for data collection and driver engagement with Verisk’s Data Exchange, launched in July, which will apply driver risk scores. Users will also have the option of submitting driver data to insurers through Data Exchange and be rewarded with discounts on premiums, according to the companies.
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