Verisk Teams with Driveway Software on Smartphone Telematics for Autos

Property/casualty insurance data supplier Verisk Insurance Solutions has formed a strategic alliance with Silicon Valley’s Driveway Software to jointly develop a smartphone telematics product for automakers, insurers and drivers. The product will combine the Driveway smartphone telematics platform for data collection and driver engagement with Verisk’s own telematics data unit, Verisk Data Exchange, to apply driver scoring and provide a direct connection for consumers to participating insurers offering usage-based insurance (UBI) that reward safe drivers.