The Impact of Telematics on Auto and Life Insurance: Driving Fairness and Reducing Bias
Can Telematics Drive Fairness in Auto Insurance by Reducing Bias? The advent of telematics is being hailed as a game-changer in the auto insurance industry, promising to reduce bias and introduce a fairer system for policyholders. Telematics involves the use of GPS and onboard diagnostics to track driving behavior, creating a more personalized insurance plan. […]