LexisNexis and IMS announce telematics integration to cut UBI costs up to 80%
AI Summary- LexisNexis Risk Solutions and IMS integrated Drive Metrics into the IMS EdgeSDK for U.S. auto insurers.
- 50% to 80% is the stated potential reduction in UBI operational expenses.
- The system keeps driving data on smartphones and supports insurer apps or IMS’s white-label app.