The agreement gives Verisk license to supply connected car data to insurers in the UK, France, Germany, Italy and Spain. Verisk (NASDAQ:VRSK), a global data analytics provider, announced an agreement with Ford Motor Company (NYSE:F). As part of the agreement, Verisk can offer standardized, insurance-ready telematics data from connected Ford vehicles in Europe to assist […]
State Farm and Ford Announce Usage-Based Insurance Program Debuts in Four States Additional States
State Farm and Ford announced the launch of Drive Safe & Save Connected Car for customers with eligible connected Ford or Lincoln vehicles, to benefit from usage-based insurance (UBI). State Farm customers with eligible connected vehicles can opt into the State Farm UBI program, Drive Safe & Save, which adjusts premiums to an individual vehicle’s […]
Ford Partners with Mile Auto on Pay-Per-Mile Insurance Offering
Ford Motor Company is teaming up with Mile Auto, a next-gen insurtech company utilizing computer vision and decision analytics to offer an affordable car insurance option based on mileage to low-mileage drivers. Through Mile Auto’s technology-driven and privacy-centric pay-per-mile approach, Ford owners who drive under 10,000 miles per year could potentially save between 30% and […]
Farmers Insurance Launches New CrashAssist Feature Within its Signal App
Farmers auto policyholders using the safe driving app will now have access to crash detection and support features including filing a claim. Farmers Insurance announced the launch of CrashAssist, a new feature included within the Signal app that helps connect drivers with emergency services in the event of an accident and offers help in reporting […]
Arity and Ford Partnership Enables Efficient Usage-Based Insurance Offerings
Arity, a mobility data and analytics company, announced that it is teaming up with Ford Motor Company to enable any participating insurer the ability to deliver simple and secure usage-based insurance (UBI) programs to eligible connected Ford and Lincoln vehicle owners. Usage-based insurance programs give drivers access to personalized driving data directly from the vehicle […]
Ford Partners with Verisk to Offer Telematics Data to Insurers
Vehicle manufacturer joins the Verisk Data Exchange to enable insurers to deliver usage-based insurance benefits. Verisk (NASDAQ:VRSK), a leading data analytics provider, today announced that Ford Motor Company (NYSE:F) has joined the Verisk Data Exchange. Owners of eligible Ford and Lincoln vehicles will soon have easy access to usage-based insurance programs from the many U.S. […]
Metromile and Ford Partner on Personalized Car Insurance
Metromile announced it is teaming up with Ford Motor Company to provide Ford connected vehicle owners with personalized car insurance to be more affordable and fairer. Ford is Metromile’s first agreement with a major manufacturer, and its models are the most popular domestic make among Metromile customers. Since its launch in 2012, Metromile has used […]
State Farm and Ford Partner on Usage-Based Insurance
State Farm and Ford announced that they have entered into an agreement to share connected vehicle telematics data for usage-based insurance (UBI) products. State Farm customers with eligible connected Ford vehicles will be able to opt-in to Drive Safe & Save, the voluntary usage-based insurance (UBI) program by State Farm that uses vehicle telematics to […]
Volkswagen Car-Net selects CCC Information Services for Insurance Telematics Services
CCC Information Services Inc. and Volkswagen Car-Net announced today that CCC has become the automaker’s exclusive provider of insurance telematics services for the newest generation of VW Car-Net, included in most model year 2020 and 2021 vehicles. Upon customer consent, the CCC X data exchange will utilize driving data from Volkswagen Car-Net, the automaker’s connected […]
LexisNexis Launches Telematics OnDemand with Root Insurance
LexisNexis Risk Solutions launched LexisNexis Telematics OnDemand, a solution that seamlessly integrates telematics-based driving behavior data into insurer rating and underwriting workflows. Root Insurance is the first to adopt Telematics OnDemand. The solution enables U.S. auto insurers to access a consumer’s existing telematics data in near-real time at point of quote in order to more […]