Question: Can you recommend a solution that provides accurate driving behavior insights for auto insurance pricing?

If you're looking for a solution that offers a more accurate picture of driving behavior for auto insurance underwriting, there are a few options. Arity is a mobility data and analytics company that collects trillions of miles of driving data from mobile phones, in-car devices and vehicles. Its Arity IQ℠ offering offers a rich view of actual driving behavior that can help insurers set premiums more accurately and retain customers better. Arity has a principle-based approach to privacy and consumer data protection, ensuring the data is safe.

Another interesting project is Cambridge Mobile Telematics. The telematics service provider collects data from IoT sources like smartphones, dashcams and connected cars to give a better picture of vehicle and driver behavior. The company's platform is used by industry players to power risk assessment, safety and claims programs that can help cut accidents and lower insurance rates. Cambridge Mobile Telematics is focused on privacy, with consumer data used only for its services and not sold to third parties.

Sentiance also offers a mature solution for improving driver behavior with a combination of advanced AI and privacy-first technology. Its mobile-first platform offers driving insights, crash detection and mobility insights to help reduce incidents and claims. Companies can easily integrate Sentiance and benefit from improved safety and lower loss ratios.

Last, ForMotiv offers behavioral analytics specifically designed for the insurance industry. By capturing hundreds of unique behavioral data cues and translating them into actionable intent scores, ForMotiv helps carriers predict user intent and reduce premium leakage. The platform uses machine learning to analyze real-time behavioral data, making it a great tool for improving agent oversight and increasing conversion rates.