Case Studies > Transforming insurance pricing while improving driver safety

Transforming insurance pricing while improving driver safety

  Transforming insurance pricing while improving driver safety  - IoT ONE Case Study
Technology Category
  • Analytics & Modeling - Real Time Analytics
  • Functional Applications - Remote Monitoring & Control Systems
  • Sensors - Camera / Video Systems
Applicable Industries
  • Finance & Insurance
Applicable Functions
  • Logistics & Transportation
Use Cases
  • Driver Performance Monitoring
  • Usage-Based Insurance
The Customer
Baseline Telematics
About The Customer
A usage-based insurance solution provider
The Challenge

The Internet of Things (IoT) is revolutionizing the car insurance industry on a scale not seen since the introduction of the car itself. For decades, premiums have been calculated using proxy-based risk assessment models and historical data. Today, a growing number of innovative companies such as Quebec-based Industrielle Alliance are moving to usage-based insurance (UBI) models, driven by the advancement of telematics technologies and smart tracking devices.

The Solution

Industrielle Alliance partners with Baseline Telematics, a leading developer of insurance telematics solutions, to help transform the way they price and sell car insurance and design innovative programs to help improve driver safety. A connected device inside the car collects information about driver behavior and driving patterns, which can be viewed in real time via a private portal or through weekly email updates.

Data Collected
Driver Behaviour, Driver Performance Scores, Driving Patterns, Insurance Claims, Vehicle Status
Operational Impact
  • [Product Improvement - User Acceptance]
    Improved reception of UBI program for both parents and young drivers
  • [Product Improvement - Brand Image]
    Enabled Industrielle Alliance to become a thought leader in how they approached insurance and driver safety.
  • [Product Improvement - Flexibility]
    Allow for Baseline to scale and support new customers from automation
Quantitative Benefit
  • Three-quarters of all participating drivers changed their behavior and were able to see the reduction of their monthly insurance premiums.

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