Connected Car Platforms, A Field Trial: Are They Ready for Usage-Based Insurance?

Following a regulatory change in Europe which mandates that car manufacturers include an “eCall” system new vehicles, many are adding additional services on top, so more and cars become connected vehicles act like IoT sensors. In the following study, we analyse maturity level of this technology to build insurance products would take vehicle usage into account. For this, connectivity recent a-priori eligible has been first tested. Then, ad-hoc platform designed collect driving data. particular, 4 have for periods over one month. Our results highlight that, while technological innovation appears very promising future, pricing, lack uniformity data collected enrollment process currently three pain points should be addressed offer large-scale opportunities. meantime, might still used high value use cases such as luxurious cars.