How usage-based insurance is gamifying driving

Self driving

Alex Hamilton examines how usage-based insurance, artificial intelligence and insurtech partnerships are transforming the sector, gamifying experiences and encouraging better habits.

Gone are the days of one-size-fits-all policies, as usage-based insurance starts to gain even more traction and it might even become the new norm.

With UBI, premiums are tailored to individual driving

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Lack of trust in telematics hampering potential

After a survey found only 8% of respondents had received any communication from insurers about adopting telematics-based insurance to help reduce premiums, Fairer Finance’s James Daley said “telematics still doesn’t seem to be fulfilling its potential”.

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