Usage-based insurance

General Motors, Ford, and Honda are already members of the exchange, which connects multiple automakers and other data partners with insurers.

MilesMyWay was in development pre-pandemic, but was prioritized as the carrier saw habits change.

New customers are signing up for the carrier's SafePilot UBI program at a 50% clip, and leadership says more focus on the currently-serving customer segment is in the future.

Drivers of Ford and Lincoln connected vehicles will be able to opt in to letting Arity score their driving data for UBI purposes.

Claims costs went up despite fewer miles driven, and other surprising results.

Also: news from insurtechs Buckle, Foxquilt, Smartcar, True Mileage

The benefit goes beyond compliance: It allows an organization to demonstrate that they are prioritizing the consumer's privacy expectations.

The appeal of telematics to insurers lies in its potential to improve loss ratios through active engagement with policyholders.

Auto insurance company brands new telematics program for commercial under personal lines program umbrella.

More auto insurance customers are ready to try telematics, giving insurance agents an opportunity to grow their business and enhance relationships, according to a new report from insurer Nationwide.