Hyundai Motor America Selects Verisk For Usage-Based Insurance

By a News Reporter-Staff News Editor at Insurance Weekly News -- Hyundai Motor America and Verisk, a leading data analytics provider, announced an alignment to bring usage-based insurance (UBI) programs to Hyundai customers in the future meaning lower insurance premiums for drivers. Hyundai Motor America has signed an agreement to join the Verisk Data Exchange™. This agreement also means Hyundai will supply Verisk with driving data via its Blue Link connected car service from consenting car owners. Together, both companies will help to reduce the cost of ownership for Hyundai owners and lessees. Lower insurance premiums will be especially helpful to younger shoppers looking at buying the all-new Hyundai Kona and Veloster.

"Our alliance with Verisk will enable new value-added services for our customers," said Manish Mehrotra, director of digital business planning and connected operations, Hyundai Motor America. "Hyundai customers will have access to their portable Verisk Driving Score, which can lead to discount offers on UBI programs and support driver feedback that helps improve their driving."

Keywords for this news article include: Business, Hyundai Motor America.

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