Analytics for Insurance Telematics

The insurance industry is rapidly developing innovative personalized insurance products and value-added services. These products and services leverage new data sources – from telematics devices in cars that measure how you drive to GPS devices that collect location data and more. Future by-the-trip-based insurance pricing will integrate current road, traffic and weather conditions, drivers’ trip profiles, fuel pricing, and road accident history.

Paradigm4’s analytical platform is optimized to deal with the massive volumes of time, location, and sensor data collected at high frequency sampling rates, generated by millions of sensors and mobile devices.

Integrate Data Sources

  • Telematics
  • GPS
  • Time of day
  • Road conditions
  • Road accident history
  • Traffic info
  • Weather
  • Fuel costs
  • Driving behavior
  • Vehicle maintenance
  • Claims

Massively Scalable Analytics

  • Segmentation
  • Clustering
  • Covariance
  • Principal Component Analysis
  • Regression
  • Etc.
 

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