Usage Based Insurance provide predictive analysis to auto insurers
Tech Mahindra announced the launch of Usage Based Insurance (UBI), a big data and predictive analysis driven platform for auto insurers. It allows them to adjust premiums according to actual usage of individual drivers instead of industry averages. The platform is flexible to fit to the growing needs of global insurance enterprises, where the market is expected to grow $ 100B plus by end of the decade.Powered by Capital Market - Live News