More recently, insurers have begun collecting information with smartphone apps. Credit rating and analytics company FICO and digital driving solutions provider eDriving are due to introduce a smartphone app that will turn driver behaviour patterns into credit scores . The FICO Safe Driving Score will analyse driving data through a small device connected to vehicles ’ diagnostics and give a score similar to FICO ’s credit scores based on miles travelled , rates of acceleration , braking speeds and more . The aim of the app is to help insurers set insurance and pension plans based on driver behaviour .
Credit rating and analytics company FICO and digital driving solutions provider eDriving are due to introduce a smartphone app that will turn driver behaviour patterns into credit scores . The FICO Safe Driving Score will analyse driving data through a small device connected to vehicles ’ diagnostics and give a score similar to FICO ’s credit scores based on miles travelled , rates of acceleration , braking speeds and more . The aim of the app is to help insurers set insurance and pension plans based on driver behaviour .