After One Year, Cambridge Mobile Telematics' Scoring Model Earns 82 Approvals from Regulators
After One Year, Cambridge Mobile Telematics' Scoring Model Earns 82 Approvals from Regulators Cambridge Mobile Telematics (CMT), the global leader in smartphone telematics, announced that its behavior-based premium insurance scoring model received 82 ratings filing approvals over the last calendar year. The Premium Score model, first accepted for personal lines in Arkansas in January 2020 and most recently accepted for commercial lines in Florida in January 2021, is based on telematics data from smartphone and IoT sensors. State regulators from 43 states have approved CMT's personal lines Pre...
Source: mobilitytechzone.com