Coming Monday
For decades insurance companies have been searching for some device, some magic lens that would somehow tell them exactly how much risk each policyholder represents.
One company has invited drivers to let it hook various gizmos to their cars that would record information about their driving. What if we knew, the company’s experts wondered, when, where, how fast and how far you drove? Could we really gauge a driver’s risk and price it precisely?
And the answer is — um, we need more information.
Learn more about this experiment in Monday’s Business Technology page.