The Verisk Data Exchange

DrivingDNA^® Score

How can you use telematics to refine segmentation and price accurately today?

Verisk’s enhanced telematics risk score can support more precise segmentation and pricing with multisource telematics data, helping insurers lay a robust foundation for a comprehensive telematics program. With a corresponding rating rule, it’s a fast, efficient path to market entry.

Upgraded to increase segmentation

The DrivingDNA Score yields a granular view of driving risk on a 0-100 scale with a 12x target variable lift between top and bottom segments.

Filed as an enhanced update to the Verisk Exchange Scoring Model (VESM), the new score goes beyond loss frequency by accounting for dollar-value loss severity and seasonality effects.

Achieve peak performance and pricing accuracy

The DrivingDNA Score can help insurers attain a competitive edge in risk segmentation and pricing sophistication. When precision matters, the DrivingDNA Score delivers 5.5x loss ratio lift beyond standard rating factors.

Using as few as 10 weeks of data, benefit from a more accurate assessment of risk at point of quote and renewal.

Score multisource data with consistent results

Take advantage of mobile apps, OBD-II hardware dongles, and more with the DrivingDNA Score. Developed and refined using hundreds of billions of trip miles from connected cars, the DrivingDNA Score also works with other telematics data sources.

Data source flexibility allows insurers to adapt their program to diverse audiences without running multiple telematics models, while retaining uniform performance through a single analytic.

Quote connected car drivers quickly and accurately

Skip the lengthy observation period and calculate a driver’s personalized, behavior-based discount at quote by accessing driving behavior data from millions of connected vehicles in the Exchange.

The DrivingDNA Score can help you assess driving risk quickly and accurately, delivering near-real time UBI discounts for eligible connected car drivers at point of sale.

Attain a speed to market advantage

Launch a complete telematics program in as few as three months. The DrivingDNA Score is easy to implement, designed to complement existing rating plans, and available with a corresponding rating rule.

Leverage the capabilities of ISO and the score’s expansive footprint, with an expansive state rollout plan already underway.

Pay attention to distracted driving

Mobile phones constantly tempt drivers with behind-the-wheel distractions. For insurers with mobile-based programs, the Verisk Distracted Driving Score provides the option to adjust the DrivingDNA Score by measuring phone-handling events.

The Verisk Distracted Driving Score offset works with data from a wide array of mobile providers to give an even deeper view into personalized risk.

Benefits of the DrivingDNA Score

Boost profitability with 5.5x loss ratio lift over standard variables
Deliver personalized discounts at point of quote
Use a percentile-based score across 32 discount segments

Enhance risk segmentation with 12x lift
Calculate discounts with as little as 10 weeks of data
Use widely with the filed score and corresponding rating rule