In Pay-As-You-Drive (PAYD) automobile insurance, the premium is fixed based on the distance traveled, while in usage-based insurance (UBI) the driving patterns of the policyholder are also considered. In those schemes, drivers who drive more pay a higher premium compared to those with the same characteristics who drive only occasionally, because the former are more exposed to the risk of accident. In this paper, we analyze the simultaneous effect of the distance traveled and exposure time on the risk of accident by using Generalized Additive Models (GAM). We carry out an empirical application and show that the expected number of claims (1) stabilizes once a certain number of accumulated distance-driven is reached and (2) it is not proportio...
We present a method to integrate telematics data in a pay‐how‐you‐drive insurance pricing scheme tha...
We study claim incidence in a unique Swiss motor third-party liability insurance data set. We apply ...
In this paper we employ survival analysis methods to analyse the impact of driving patterns on dista...
In Pay-As-You-Drive (PAYD) automobile insurance, the premium is fixed based on the distance traveled...
We analyze telematics data from a Belgian portfolio of young drivers who underwrote a pay-as-you-dri...
Most automobile insurance databases contain a large number of policy holders with zero claims. This ...
Most automobile insurance databases contain a large number of policyholders with zero claims. This h...
We show how data collected from a GPS device can be incorporated in motor insurance ratemaking. The ...
Telematics technology - the integrated use of telecommunication and informatics - may fundamentally ...
The use of advanced driver assistance systems and the transition towards semi-autonomous vehicles ar...
We show how data collected from a GPS device can be incorporated in motor insurance ratemaking. The ...
We show how data collected from a GPS device can be incorporated in motor insurance ratemaking. The ...
Pay-as-you-drive (PAYD), or usage-based automobile insurance (UBI), is a policy agreement tied to ve...
Pay-as-you-drive (PAYD), or usage-based automobile insurance (UBI), is a policy agreement tied to ve...
A data set from a Belgian telematics product aimed at young drivers is used to identify how car insu...
We present a method to integrate telematics data in a pay‐how‐you‐drive insurance pricing scheme tha...
We study claim incidence in a unique Swiss motor third-party liability insurance data set. We apply ...
In this paper we employ survival analysis methods to analyse the impact of driving patterns on dista...
In Pay-As-You-Drive (PAYD) automobile insurance, the premium is fixed based on the distance traveled...
We analyze telematics data from a Belgian portfolio of young drivers who underwrote a pay-as-you-dri...
Most automobile insurance databases contain a large number of policy holders with zero claims. This ...
Most automobile insurance databases contain a large number of policyholders with zero claims. This h...
We show how data collected from a GPS device can be incorporated in motor insurance ratemaking. The ...
Telematics technology - the integrated use of telecommunication and informatics - may fundamentally ...
The use of advanced driver assistance systems and the transition towards semi-autonomous vehicles ar...
We show how data collected from a GPS device can be incorporated in motor insurance ratemaking. The ...
We show how data collected from a GPS device can be incorporated in motor insurance ratemaking. The ...
Pay-as-you-drive (PAYD), or usage-based automobile insurance (UBI), is a policy agreement tied to ve...
Pay-as-you-drive (PAYD), or usage-based automobile insurance (UBI), is a policy agreement tied to ve...
A data set from a Belgian telematics product aimed at young drivers is used to identify how car insu...
We present a method to integrate telematics data in a pay‐how‐you‐drive insurance pricing scheme tha...
We study claim incidence in a unique Swiss motor third-party liability insurance data set. We apply ...
In this paper we employ survival analysis methods to analyse the impact of driving patterns on dista...