Joins General Motors and Honda, increasing reach of the exchange to 32 percent of U.S. auto market.
Verisk (Nasdaq:VRSK), the data analytics provider, announced that Hyundai Motor America has signed an exclusive agreement to join the Verisk Data Exchange. As a participating automaker, Hyundai will supply Verisk with driving data from its consenting connected car owners.
Participating Hyundai customers and insurers stand to benefit. Hyundai owners and lessees will gain access to their Verisk Driving Score, a simple metric that assesses individual driving behavior. Insurers can use scores from the Verisk Data Exchange to support usage-based insurance (UBI) programs through