This article first appeared on Fintechnews Singapore.
Drivers in South East Asia will be able to enjoy tailored insurance policies and pricing that reflect their actual driving behaviour. This will be done by applying data science which analyses driver behaviour and distance travelled.
There will be additional incentives to reward those who adopt safe driving practices. The technology may even be able to predict the likelihood of a driver getting into an accident in the future.
This UBI programme will launch first in Indonesia before embarking upon a full rollout to Thailand, Malaysia and the wider South East Asia region.
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