DrivingDNA® Data
How can you tap telematics data from connected cars and grow your usage-based insurance program?
One data exchange from Verisk connects your usage-based insurance program to normalized driving behavior data from multiple leading automakers, ready to use with your existing telematics scoring model.
Gain unmatched access to connected car data
Grow your UBI program by tapping into the connected car channel to assess driving risk quickly and accurately. With Verisk, gain access to multiple leading automakers that represent nearly 50% of new vehicle sales in the U.S.
Give personalized discounts at point of quote
Give personalized discounts at point of quote
Skip the lengthy observation period and calculate a driver’s personalized, behavior-based discount at quote by accessing normalized telematics data from millions of connected vehicles in the Exchange.
Our customers are streamlining the UBI purchase experience, binding and converting 3-4x more prospects with driving behavior discounts delivered in near-real time at point of sale to eligible drivers.
Customized data for your existing scoring model
Customized data for your existing scoring model
For existing UBI programs, DrivingDNA Data can be tailored to the requirements of proprietary scoring models and rating rules—including specific aggregations of acceleration and braking events, mileage exposure, and other trip-level details.
Plug right in to harmonized, multisource driving behavior data, calibrated to your UBI scoring model’s requirements or used with our powerful new DrivingDNA Score.
Monitor drivers post-bind for pay-how-you-drive programs
Monitor drivers post-bind for pay-how-you-drive programs
Pay-how-you-drive (PHYD) UBI programs calibrate premium by accounting for mid-policy term changes in driving behavior. DrivingDNA Data gives you visibility into these changes, helping your program deliver dynamic pricing using reliable data.
DrivingDNA Data is available to insurers with PHYD programs on a recurring basis, providing a timely view of driving risk.
Attain a speed to market advantage
Attain a speed to market advantage
Tap into the connected car channel in a matter of weeks. Plug in to the DrivingDNA Data API and start growing your program with precision, speed, and unrivaled access to robust driving behavior data from connected cars.
Use the DrivingDNA Lab to isolate the lift from real-world connected car data features using your proprietary scoring model and policy information from your portfolio.
Benefits of DrivingDNA Data
A fast, efficient way to expand into the connected car channel
Immediately compatible with the new DrivingDNA Score
Cleansed and normalized telematics insights from a range of leading automakers
Customizable data package, tailored for to fit existing UBI scoring model requirements
Deliver behavior-based discounts at point of quote and renewal to eligible drivers
Offered through a single API for easy implementation
DrivingDNA® Data: Powered by the Verisk Data Exchange
DrivingDNA® Data: Powered by the Verisk Data Exchange
The Verisk Data Exchange contains hundreds of billions of trip miles of normalized driving behavior data from multiple leading automakers. Using experience gained from operating this industry-leading telematics platform and backed by Verisk’s insurance expertise, advanced data-cleansing and normalization processes were developed to create DrivingDNA Data.