Verisk Data Exchange
The leading telematics data exchange for auto underwriting.
Overview
The Verisk Data Exchange is a hub for telematics and connected car data, contributed by automakers and telematics service providers. It provides insurers with standardized driving behavior data and scores that can be used to assess risk, price policies more accurately, and offer usage-based insurance (UBI) programs.
✨ Key Features
- Standardized telematics data
- Verisk Driving Score
- Behavioral data insights (harsh braking, acceleration, mileage)
- Data from OEM and aftermarket devices
- FCRA-compliant data and workflows
🎯 Key Differentiators
- Largest data exchange with data from multiple automakers
- Established relationships with a vast network of insurers
- FCRA compliance ensures data can be used in underwriting decisions
Unique Value: Provides access to a vast and diverse pool of driving data, enabling insurers to move beyond traditional rating factors and price risk more accurately.
🎯 Use Cases (4)
✅ Best For
- Pricing personal auto insurance policies based on actual driving behavior.
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Life insurance underwriting
- Property insurance risk assessment
🏆 Alternatives
Offers a single point of access to data from multiple sources, reducing the complexity of establishing individual data-sharing agreements with automakers.
💻 Platforms
🔌 Integrations
🛟 Support Options
- ✓ Email Support
- ✓ Phone Support
- ✓ Dedicated Support (Enterprise tier)
🔒 Compliance & Security
💰 Pricing
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