Usage based insurance with in-app driver metrics

Industry

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Client

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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.

WUBI UI 1 WUBI UI 2 WUBI UI 3

Our Mission

Build a usage based insurance products and test it with real customers.

Our Approach

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.

Outcomes

  • 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.

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