Usage-based Insurance and New Technologies in the Auto Industries

Industry Day: The Financial Sector - A panel presentation hosted by the BC OD Network (BCODN) and the Adler School of Professional Psychology (Vancouver, BC campus)

Graham Haigh - Wawanesa Mutual Insurance "Studies point to usage based insurance as a major development in the industry. Starting in the auto insurance sector, consumers are saying they want to be judged by their own specific driving behaviour and patterns. They are prepared to modify their own driving behaviours to secure lower premiums. As well there are a lot of technologies emerging that will significantly reduced crash rates and this would be good for the insurance industry as well as for consumers."


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