Studies from Oxford Brookes University Add New Findings in the Area of Information Technology Teaching (Big data and data ownership rights: The case of car insurance): Education - Information Technology Teaching - Insurance News | InsuranceNewsNet

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May 19, 2022 Newswires
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Studies from Oxford Brookes University Add New Findings in the Area of Information Technology Teaching (Big data and data ownership rights: The case of car insurance): Education – Information Technology Teaching

Education Daily Report

2022 MAY 19 (NewsRx) -- By a News Reporter-Staff News Editor at Education Daily Report -- Research findings on information technology teaching are discussed in a new report. According to news originating from Oxford, United Kingdom, by NewsRx correspondents, research stated, “Customers’ data points sources are growing, through the Internet of Things (IoT), telematics and interfacing with third parties’ platforms.”

Funders for this research include Innovate Uk.

Our news journalists obtained a quote from the research from Oxford Brookes University: “Third parties provide either by-product data about their clients, or data that are generated for the specific task of a more accurate measurement of behaviour. One of the core building blocks in insurance is understanding risk - therefore, innovation around data points (sources and analytics) to proxy risk is the engine behind its digital transformation.”

According to the news reporters, the research concluded: “While the value of data points is clear for the providers of insurance products and services, the customers have not only less control over their data, but also hardly benefit from the creation of those data points. In this paper we provide a case study from the British car insurance industry, about a data-driven product that pivoted into a re-designed personal data right architecture, which included transparency, traceability and usability of customers’ digital traces, and enabled customers’ ownership rights over their data.”

For more information on this research see: Big data and data ownership rights: The case of car insurance. Journal of Information Technology Teaching Cases, 2022. The publisher for Journal of Information Technology Teaching Cases is SAGE Publications.

A free version of this journal article is available at https://doi.org/10.1177/20438869221096859.

Our news editors report that additional information may be obtained by contacting Tzameret H Rubin, Oxford Brookes Business School, Oxford Brookes University, Oxford, United Kingdom. Additional authors for this research include Tor Helge Aas, Jackie Williams.

ORCID is an identifier for authors and includes bibliographic information. The following is ORCID information for the author of this research: Tzameret H Rubin (http://orcid.org/0000-0001-5390-8600).

(Our reports deliver fact-based news of research and discoveries from around the world.)

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