Usage based Insurance White Paper

Download Usage based Insurance White Paper

Download White Paper – Comparing Mobile Apps, Hybrid Bluetooth and OBD-II Solutions

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Executive Summary

As insurance telematics gains momentum in the insurance market, connected car technologies continue to emerge and evolve, face the challenges of real-world implementations, and gain acceptance or rejection based on their merit. Acceptance hinges on a variety of factors—some financial and some related to how well the technology meets technical challenges and suits market requirements in daily practice. Solutions that deliver effectively on promised capabilities must also be measured in terms of cost effectiveness. Inexpensive solutions that seem attractive initially need to measure up in terms of general usability, including reliability, precision, and the overall user experience.

Usage-based Insurance (UBI), an application of insurance telematics, has experienced substantial growth over the last few years, and the technology choices that gain favor in the near term will influence the direction of the market for years to come. One of the key areas of focus is data collection. Techniques for collecting, consolidating, and analyzing the data required to assess driver behavior continue to be refined as the technologies for accomplishing this undergo an inevitable evolution. At the moment, a fundamental question is being debated throughout the industry: what is the right solution for my program? Should connectivity rely on data captured with a standalone, cellular-based OBD device?
Or rely on technology brought into the vehicle (smartphones)?
Or use a hybrid solution consisting of a multiple technologies
connected using Bluetooth.

Table of Contents:

  • Insurance Telematics Data Collection Techniques
  • In-vehicle Enabler Considerations
    • Considerations with Smartphones Solutions
    • Considerations with OBD-II Solutions
    • Considerations with Hybrid Bluetooth Solutions
  • Factors to Consider When Comparing Mobile, OBD-II, and Hybrid Bluetooth Solutions
    • Data Quality
    • Continuity of the Data Record
    • User Experience
    • Accident Data
  • Summary: Data Collection Trade-offs
  • Choosing a Telematics Partner


Download White Paper - Data Collection Options for UBI Programs

Download White Paper – Comparing Mobile Apps, Hybrid Bluetooth and OBD-II Solutions

Please note: You will receive an e-mail containing the access link. Only completed forms will be processed.
(* Required Fields)

First Name (*required)

Last Name (*required)

Email (*required)

Company (*required)

Job Title (*required)

Country(*required)

Send us a message or Describe any challenges you face:

*Would you like an IMS Solutions Expert to contact you immediately?
I agree to receive product information, newsletter containing news, updates and promotions regarding IMS's products and services. You can withdraw your consent at any time.
  We respect your privacy, please refer to our Privacy Policy or Contact Us for more details.





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