Usage based insurance with in-app driver metrics
A quick look
Pay-per-mile car insurance mobile app. How much a person drives is a better indicator of their likelihood of getting into an accident.
Build a usage based insurance products and test it with real customers
We built a mobile application that gathered data from gyroscopes and GPS and combined with datasets about speed limits, criminality in certain locations to create a new insurance model. We verified that a viable model can be built using this data and connected it to a visualization backend that allowed us to beta test different approaches
- We found that the important metric was the data tick rate so that we can balance between generating GBs of data and providing a good measurement
- We verified proved the technology and the data stack can handle 1000s of ongoing sessions
- We proved scaling of the system internationally using 3rd party datasets