Mitsubishi Motors now part of LexisNexis Telematics OnDemand
LexisNexis Risk Solutions announced the addition of Mitsubishi Motors North America telematics data from its Mitsubishi Road Assist+ app to LexisNexis Telematics OnDemand, a solution that integrates telematics-based driving behavior data into auto insurer rating and underwriting workflows.
Mitsubishi vehicle owners, who have opted in to share their data for insurance purposes, are able to use their Road Assist+ telematics data to potentially earn discounts on their insurance premiums as early as the point of quote, eliminating the need for an upfront monitoring period.
“As the automotive and auto insurance industries desire greater data sophistication and decision-making insights, telematics data is key to unlocking added value for the auto insurer, the automaker and ultimately their shared customer. Expanding the Mitsubishi Motors telematics app data to now be included in our Telematics OnDemand solution demonstrates the significance of telematics data in further unifying and enabling these industries to offer consumers more streamlined, personalized pricing experiences in exchange for sharing their driving data. We’re pleased to have Mitsubishi Motors as the first automaker to make their app data available through Telematics OnDemand and to be able to further execute on our strategy to provide source-agnostic data solutions to the insurance market.” – Marc Gordan, head of global telematics product strategy and development, U.S. Connected Car, LexisNexis Risk Solutions.
“Mitsubishi Motors is always looking for ways to improve the customer experience and identify technologies that provide a high degree of ownership quality. By making our Mitsubishi Road Assist+ telematics data available via Telematics OnDemand, we have the potential to lower the total cost of ownership which includes insurance costs for Mitsubishi customers who opt in to sharing this information. This gives them a more efficient and personalized offering, and gives auto insurers an easy way to offer personalization when our customers are shopping for insurance.” – Cason Grover, director, product planning at Mitsubishi Motors North America.