Leveraging COVESA VSS for Enhanced Risk Analytics: Integrating ADAS and Telematics Data in Next Generation UBI Models
The automotive insurance industry along with traditional (UBI) are transforming, leveraging advanced ADAS signals along with telematics in order to adapt to customer's demands for fairness and transparency in pricing and data privacy.
2:00 PM - 2:25 PMThu
Technical
Technical Presentation
The automotive insurance industry along with traditional usage-based insurance (UBI) are transforming, leveraging advanced ADAS signals along with telematics in order to adapt to customer's demands for fairness and transparency in pricing and data privacy. To achieve a fair and equitable landscape for both customers and carriers, a standardized framework such as the COVESA Vehicle Signal Specification (VSS) is essential.
This presentation is a live demonstration of how vehicle signals can be communicated through the VSS standard for utilization in insurance and commercial fleet risk management use cases. We show how vehicle signals can be converted to the VSS standard and processed for ingestion by analytics software developed for the insurance and commercial fleet risk management use case. Using VSS signals, models with custom defined events utilized in insurance premium calculations and commercial fleet risk management are easily deployed across a variety of OEMs and telematics platforms.