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Playing the Numbers: Using Analytics to Innovate, Adapt, and Thrive

September 9, 2014 by Fresh Miles

playing_with_numbers

by  Marty Ellingsworth

While numbers can lie, sometimes they’re real and tell an interesting story. In the insurance industry, for example, in the next four years, there will be $1 trillion in personal lines insurance premiums at the crossroads where primary carriers meet 300 million people living in the United States. (Read more on the Journal of Insurance Operations website)

Filed Under: reading

Reading of Interest

August 26, 2014 by Fresh Miles

http://www.iii.org/fact-statistic/auto-insurance

Number One Issue for the Public: Price of Travel – http://www.fhwa.dot.gov/policy/2013cpr/chap1.htm#5

National Travel Trends (see Table 17) http://nhts.ornl.gov/2009/pub/stt.pdf

Joseph Ferreira Jr. and Eric Minike (2010), Pay-As-You-Drive Auto Insurance In Massachusetts: A Risk Assessment And Report On Consumer, Industry And Environmental Benefits, by the Department of Urban Studies and Planning, Massachusetts Institute of Technology (http://dusp.mit.edu) for the Conservation Law Foundation (www.clf.org); at http://www.clf.org/wp-content/uploads/2010/12/CLF-PAYD-Study_November-2010.pdf.

Litman, Todd. 2008 (a). “Distance‐based vehicle insurance feasibility, costs and benefits.” Victoria Transport Policy Institute. http://www.vtpi.org/dbvi_com.pdf

Litman, Todd. 2008 (b). “Pay‐As‐You‐Drive insurance: recommendations for implementation.” Victoria Transport Policy Institute. http://www.vtpi.org/payd_rec.pdf

Greenberg, Allen. 2009. “Costs and benefits of varying per‐mile insurance premiums based upon measured risks specific to each mile driven.” Federal Highway Administration, http://www.vtpi.org/AG_PAYD.pdf

Transportation Energy Data Book Chapter 8 Household Vehicles and Characteristics
http://www-cta.ornl.gov/data/chapter8.shtml see Table 8-5

Filed Under: News, reading

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Fresh Miles is an innovative patent pending system ( United States Patent Pending 14/836887) from Salt Creek Analytics, a data and analytics company focused on making it easy for customers to save money and for businesses to innovate. We simplify the complex and empower customers with mobile smartphone capabilities and augment that with competitive intelligence on products and services. We also work with vendors, agents, and companies which are customer oriented to make it easy for customers to attain savings and to comply with data verification processes. Verified mileage from your odometer can be used for each vehicle in your household to both comply with usage based insurance programs and to qualify for valuable insights and offers for your car and in your communities.

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