Results 1 to 10 of about 55,545 (159)
A Trustable and Secure Usage-Based Insurance Policy Auction Mechanism and Platform Using Blockchain and Smart Contract Technologies [PDF]
Sensors, 2023 This study presents an architectural framework for the blockchain-based usage-based insurance (UBI) policy auction mechanism in the internet of vehicles (IoV) applications. The main objective of this study is to analyze and design the specific blockchain
Wen-Yao Lin +2 more
doaj +2 more sources
Usage-Based Automotive Insurance
, 2022 AbstractNowadays, pricing strategies for insured clients are supported on general statistics and driver personnel conditions (historic driver activity, age, gender, and address). Cutting-edge technologies such as IoT, AI, and big data have converted current vehicles on a plethora of available real-world and real-time data, leading to novel alternatives
Ignacio Elicegui +5 more
exaly +2 more sources
Ratemaking Model of Usage Based Insurance Based on Driving Behaviors Classification
International Journal of Crowd Science, 2022 Based on the present situation of usage based insurance (UBI) research and application, this paper puts forward the UBI rating model based on driving behavior classification, and applies the technology of data mining to the evaluation of driving behavior.
Zhishuo Liu, Mengjun Hao, Fang Tian
doaj +2 more sources
ISPRS International Journal of Geo-Information, 2020 Usage-Based Insurance (UBI) is an insurance framework that has made its appearance in the last few years. It allows direct measurement of the traveling of policyholders, hence the growing interest of the industry to better understand driving behaviors ...
Thierry Badard +2 more
exaly +3 more sources
A pre-launch exploration of customer acceptance of usage based vehicle insurance policy
IIMB Management Review, 2013 This study was designed against the backdrop of observations that the motor insurance pricing in India requires radical innovations to become more acceptable, fair, and affordable to customers.
G Rejikumar
exaly +5 more sources
Telematics System in Usage Based Motor Insurance
Procedia Engineering, 2015 For the premium calculation and billing process in the motor insurance, current billing models are very general and not optimally tailored for the end users. Important parameters such as mileage, driving behavior and types of roads driven are not considered for the premium calculation.
Dragan Peraković +2 more
exaly +4 more sources
Usage‑Based Insurance As an Instrument of Restoring Equilibrium on Motor Insurance Market in Poland
Acta Universitatis Lodziensis. Folia Oeconomica, 2018 The paper shows that thanks to the Usage‑Based Insurance, the industry can minimise the negative effect information asymmetry has on the Polish motor insurance market.
Łukasz Kuryłowicz
doaj +2 more sources
Location Privacy in Usage-Based Automotive Insurance: Attacks and Countermeasures
IEEE Transactions on Information Forensics and Security, 2019 application/pdf Usage-based insurance (UBI) is regarded as a promising way to provide accurate automotive insurance rates by analyzing the driving behaviors (e.g., speed, mileage, and harsh braking/accelerating) of drivers. The best practice that has been adopted by many insurance programs to protect users' location privacy is the use of driving speed ...
Haojin Zhu, Cailian Chen, Suguo Du
exaly +3 more sources
Nightly Automobile Claims Prediction from Telematics-Derived Features: A Multilevel Approach
Risks, 2022 In recent years it has become possible to collect GPS data from drivers and to incorporate these data into automobile insurance pricing for the driver.
Allen R. Williams +4 more
doaj +1 more source
Mitigating moral hazard with usage‐based insurance
Journal of Risk and Insurance, 2023 AbstractTechnological progress has improved insurers' ability to monitor policyholders and has led to usage‐based insurance (UBI) contracts that incorporate behavioral risk factors in pricing. Economic theory predicts that any informative monitoring signal is adopted in equilibrium.
Julia Holzapfel +2 more
openaire +2 more sources