Jan 082014
 
 January 8, 2014  Business, Non-U.S.

Insurers want access to a database of telematics data to help them set personalised premiums for individual drivers, but arrangements governing how that information is gathered, managed and accessed could be subject to scrutiny by competition regulators.

The Office of Fair Trading (OFT) has already shown it is willing to step in to address competition concerns in the insurance market, and a case it looked into in 2011 may provide some insights into the behaviour it will want to see when insurers handle telematics data.

Read more on Out-Law.com.

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