Standardisation of the insurance telematics data and processes

The UK Association of British Insurers has initiated a number of discussion and work around the standardisation of the Insurance telematics process including a proposal for a standard set of telematics data that could be used to create portable driving profile.

The work was essentially done by Polaris and the documents here are the result of their work that can be found on http://library.polarisukltd.org/index.aspx

Telematics Based Personal Lines Motor – Key Product & Process Principles

A set of business process standards for telematics in personal lines insurance

Telematics driver profile dataset

The ABI also published a very good Best Practice Guide to delivering Usage Based Insurance.

For more information on future of data portability in the Insurance Telematics sector, have a look at the Insurance Telematics Global Study