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Tag: LexisNexis
Technology
Connectivity Concerns: 76 percent of vehicle owners fail to see benefits of connected automotive services, reports LexisNexis
Toronto, Ontario — According to a recent automotive consumer satisfaction study from LexisNexis Risk Solutions, despite vehicles’ increasing connectivity, 76 percent of surveyed vehicle owners don’t see the value or benefit of these connected services. The study—which specifically surveyed 2,227 vehicle owners in the United States in July 2023 who purchased or leased a used […]
September 26, 2024
Auto Insurance
Data Broker Breaks: Reports indicate automakers are sharing consumers’ driving behaviour with data brokers and insurance companies
Toronto, Ontario — Vehicle manufacturers share driving information with data brokers such as LexisNexis, who then share the information with insurance companies, states a recent New York Times report. The article specifically describes how Chevrolet Bolt owner, Kenn Dahl discovered how increases to his car insurance were in part related to data broker figures and […]
March 18, 2024
ADAS
Fulfilling its Function: ADAS tech reducing claims frequency, according to LexisNexis report
Toronto, Ontario — A new study from LexisNexis is attempting to set the record straight on the relationship between ADAS technology and claims frequency and severity. According to the report, “The impact of Advanced Driver Assistance Systems (ADAS) on insurance claims”, the presence of at least one ADAS feature resulted in an 8 percent decrease […]
November 19, 2021
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