(LexisNexis 12v device for use with its telematics platform.)
LexisNexis Risk Solutions has added a 12 volt (12V) tethered telematics data collection device to its telematics data analytics platform. The 12V device is the newest part of what the vendor characterizes as a robust set of device options for collecting telematics data. The platform is designed to collect and normalize data from any source to deliver driving behavior scores and other insights, enabling insurers to run the same UBI program across different data sources based on their business strategy and the preferences of their target market.
The self-installed 12v advice plugs into a car’s cigarette lighter, providing ease of use and a low-cost means of acquiring relevant data, LexisNexis says. The device is paired with policyholders’ smartphones, serves as a phone charger within the vehicle as an added bonus, and communicates over Bluetooth technology with the designated smartphone app to record driving behavior data as part of their UBI program, the vendor reports.
Greater Data Capacity
Among the benefits of the 12V device is that it can collect more trips and more data elements per trip than other solutions—such as a standalone smartphone—due to its integrated 2-in-1 motion sensors for crash filtering and reporting, accelerometer to evaluate speed, gyroscope to detect orientation of the device, and rechargeable super capacitor for ignition logging and device tampering detection, LexisNexis elaborates. Its detailed driving data open up possibilities for crash detection features to help prove the circumstances of a claim, which are already being tested/used in other markets, such as the U.K., the vendor asserts.
“The LexisNexis Risk Solutions telematics data and analytics platform was specifically built to take data from any data source—OBD2, black box, smart phones, 12V tethered devices or automotive OEMs—to better understand risk and engage drivers in usage-based insurance programs,” comments David Lukens, Director, Telematics, Insurance, LexisNexis Risk Solutions. “The 12V device enables robust data for carriers with highly targeted, market-specific programs, to reach their customers.”