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 +3 more sources
Regulatory and Technical Constraints: An Overview of the Technical Possibilities and Regulatory Limitations of Vehicle Telematic Data [PDF]
Sensors, 2021 A telematics device is a vehicle instrument that comes preinstalled by the vehicle manufacturer or can be added later. The device records information about driving behavior, including speed, acceleration, and turning force.
Kevin McDonnell +5 more
doaj +2 more sources
Measuring the acceptance rate of Usage-Based Insurance (UBI) based on statistical methods (case study: Saman Insurance Company) [PDF]
Mathematics and Modeling in FinanceUsage-based Insurance (UBI) is an innovation that differs from traditional car insurance and seeks to distinguish between high-risk and low-risk drivers.
Asma Hamzeh +2 more
doaj +2 more sources
Sustainability, 2022 Vehicle insurance is a very important source of income for insurance companies, and it is closely related to the driving style performed by driving behavior.
Zan Yang, Wei Nai, Yinzhen Wei
exaly +2 more sources
Assessing Driving Risk Using Internet of Vehicles Data: An Analysis Based on Generalized Linear Models [PDF]
Sensors, 2020 With the major advances made in internet of vehicles (IoV) technology in recent years, usage-based insurance (UBI) products have emerged to meet market needs.
Shuai Sun +3 more
doaj +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 +3 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 ...
Philippe Blais +3 more
doaj +2 more sources
Research on the UBI Car Insurance Rate Determination Model Based on the CNN-HVSVM Algorithm
IEEE Access, 2020 With the support of Internet of Vehicles technology, UBI (Usage Based Insurance) car insurance rate determination has certain guiding significance for achieving accurate pricing of car insurance rates and satisfying the personalized needs of users. Based
Chun Yan +4 more
doaj +3 more sources
A survey on driving behavior analysis in usage based insurance using big data
Journal of Big Data, 2019 The emergence and growth of connected technologies and the adaptation of big data are changing the face of all industries. In the insurance industry, Usage-Based Insurance (UBI) is the most popular use case of big data adaptation.
Subramanian Arumugam, R. Bhargavi
doaj +2 more sources
Journal of Risk and InsuranceIn this paper, we examine the role of usage‐based auto insurance on customers' decisions to change their insurance coverage at the renewal. Using a sample of 135,540 customers, we study whether usage‐based insurance (UBI) can facilitate the upselling and
Miremad Soleymanian
exaly +2 more sources