- In April 2024, Allstate announced that customers using its Drivewise application experienced a 25% reduction in severe collisions compared to non-users. The app provides real-time feedback on safe driving behaviors, encouraging safer habits while offering potential insurance savings. Drivewise users also demonstrate 44% less phone handling, 23% less speeding, and 11% fewer hard brakes, improving road safety
- In September 2023, Definity introduced Sonnet Shift, a usage-based insurance (UBI) product designed to provide personalized premiums based on driving behavior. This initiative promotes safer driving habits while offering cost-effective insurance solutions. Sonnet Shift is the first UBI product in Canada to feature quarterly price adjustments based on recent driving scores
- In August 2023, Citroën India partnered with ICICI Lombard General Insurance to introduce a Usage-Based Insurance (UBI) program for its eC3 electric vehicle. This initiative offers Pay-As-You-Drive (PAYD) policies, linking insurance premiums to individual driving behavior. Customers with higher driving scores benefit from lower renewal premiums, encouraging safer driving habits. The UBI program can be activated at vehicle purchase or later via the Citroën My Connect App
- In June 2023, UnipolSai launched BeRebel, a pay-per-use car insurance policy, offering cost-effective premiums based on actual vehicle usage. Customers pay a fixed monthly fee, covering 200 km, with additional kilometers charged at.02/km. Unused kilometers roll over to the next month, and driving behavior influences discounts. The policy is fully digital, managed via an app, and includes a self-installed telematics device for tracking mileage and providing assistance in case of accidents
- In March 2023, Liberty Mutual Insurance partnered with Ford to integrate usage-based insurance (UBI) into connected vehicles. This collaboration enables personalized premiums based on real-time driving data, improving customer engagement and promoting safer driving habits. The initiative eliminates the need for plug-in telematics devices, leveraging FordPass Connect for seamless data collection
