Fea­tures

In­tro­duc­tion to Telem­at­ics

Insurance - - FORSIDE - Text Lin­den Hol­l­i­day | The Dig­i­tal In­surer | www.the-dig­i­tal-in­surer.com

FOR DECADES, IN­SUR­ANCE COM­PA­NIES HAVE MAN­AGED THEIR DRIVER IN­SUR­ANCE BOOK US­ING A “POOLED RISK” MODEL. IN­SUR­ERS AS­SESSED DRIVER RISK US­ING BLUNT PROX­IES SUCH AS PRO­FES­SION, GEN­DER, AGE, MAR­I­TAL STA­TUS AND MED­I­CAL HIS­TORY. GROUPS OF DRIV­ERS WHO PRE­SENTED VARY­ING DE­GREES OF RISK WERE BUN­DLED TO­GETHER TO SPREAD AN IN­SURER’S RISK.

Newspapers in English

Newspapers from Malaysia

© PressReader. All rights reserved.