AIG on partnerships, pledges and pilots

As the insurer of 10 million vehicles globally, AIG is asking drivers to take the Road Safety Pledge to show their commitment to making roads safer in their communities. Probably news to some, AIG has recently entered a partnership with Europcar Ireland to test whether they could incentivize safer driving behavior. Short answer: they can. The duo analyzed data from telematics devices on Europcar Ireland’s fleet to later determine that smart use of this data resulted in a reduction of claims by 23%. TBD on what smart use of data actually means. Bottom Line: Peter Hancock is a fan of telematics .