Insurance Telematics

Insurance Telematics

Telematics offers exciting possibilities but also represents a significant undertaking. With LexisNexis, your telematics program becomes:

Efficient. Overcome the cost barrier and improve speed to market using mobile technology that provides both vehicle and driver level insight. Manage your entire telematics program through one vendor.

Actionable. Harness the power of data and analytics delivered through a massive big data computing platform, High Performance Computer Cluster (HPCC).

Strategic. Spare yourself the many new headaches that come with UBI by using a solution that is end-to-end – enabling you to focus on your business, not telematics.

Consumer UBI Research

Telematics Data Collection Solutions

  Network-Based Mobile* Mobile Telematics* Hardware Device
Richness of Driving Data Moderate High High
Cost of Implementation Low Low Moderate to High
Customer Disruption None Minimal Device Installed in Car
How Established
is the Data Source?
High Accuracy in Pilots Currently in Pilot Current Industry Standard
Ease of Implementation High High Low
* Patent Pending

  1. Data Management: The Key to Unlocking the Potential of Usage-Based Insurance
    The U.S. usage-based insurance (UBI) market is poised to take off in the coming years as insurers aggressively deploy UBI in order to improve risk evaluation. However, bringing a UBI product to market can be a difficult process, requiring insurers to navigate a number of strategic and operational challenges. The most pressing issue to address is how to harness the value of driver behavior data—how to gather, process, integrate, and analyze data to derive meaningful insights over the long term. With strong data management capabilities, as well as a well-defined strategic vision, insurers can ensure success in this rapidly growing market.


To learn more about our Telematics solutions, please call us at 800.869.0751 or fill out our contact form.

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