many moons ago i wrote a story involving a guy who couldn’t go out because he couldn’t afford the increased insurance premium. if there’s a way to bill by the unoccupied day or hour, then at some point someone will do it.
i was talking to someone in motor insurance yesterday. he told me about this. A black box fitted to a car which allows the insurance company full access to gps (10 meter accuracy). They know where, when, and how fast. This is now running as a pilot and is popular with young drivers who would otherwise not be able to afford the premium on a high bracket car. this way you get to pay per mile. the per mile cost rises with risk, depending on the age and profile of the insured.
interesting also was that they could tell that an older guy was doing 156 in his imprezza, but it was late at night, little traffic, and on a motorway. it’s outside the law, but pretty safe, statistically, so he’s charged accordingly.
what is yet to come is the analysis of insruance incidents that this tech enables. it doesn’t matter what you, or anyone else, says, if they know you were doing 90 and had taken the racing line at the bend. according to “Identify® Software“:
AppSight allows IT professionals to simply replay, rather than recreate the problem, it eliminates up to 70 percent of the cycle time traditionally consumed by root cause analysis.
And “using mainly Microsoft technologies” to boot.
