How technology can be used in pricing insurance premiums
25 Feb
2013
25 Feb
'13
11:12 a.m.
A nice article by the Economist on usage of technology to help determine payable motor vehicle insurance premiums. This can help the IRA to better regulate the motor vehicle insurance industry rather than have some block figure like 7.5% value of car as annual premiums. Although there are privacy concerns, many people won't mind (including myself) being tracked for a couple of months to help my insurer determine what I really need to pay. The link to the article: http://www.economist.com/news/finance-and-economics/21572237-gizmos-track-dr... Best Regards, Davis M Onsakia "One doesn't discover new lands without consenting to lose sight of the shore for a very long time."
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Davis Onsakia