Making the business case: Telematics investment for UBI

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A well-designed usage-based insurance program, aligned with customer needs, will produce positive return by both increasing revenue and lowering costs. Milliman tested this idea and took a conservative approach to estimating return on investment that factored in a little bit of growth in the customer base along with typical discounts, the costs of building the program, and reductions in insurers’ losses.

This article was published in the Computer Sciences Corporation's Insurance blog.

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