Usage-Based Insurance – Vehicle Insurance of the Future
Usage-Based Insurance – Vehicle Insurance of the Future
Author(s): Viktor Bocsok, Péter Boldizs, István Loós, Gergő Nagy, Zoltán NagySubject(s): ICT Information and Communications Technologies, Sociology of Law, Commercial Law
Published by: Pécsi Tudományegyetem
Keywords: usage-based insurance; insurance law; vehicle liability insurance; casco; privacy;
Summary/Abstract: This study is aimed at giving a comprehensive overview of new trends in insurance models and policies, especially liability and property motor insurances, brought about by the results of today’s technology developments. The paper discusses the concept of usage-based insurances, its advantages, the underlying technical and IT background and the possibilities awaiting for exploitation in these new generation insurance models. Requirements of secure data collection, transfer and storage appearing in conjunction with the technical and IT background are also presented and discussed. The paper touches relevant elements of the Hungarian privacy and insurance regulations.
Journal: Essays of Faculty of Law, University of Pécs Yearbook
- Issue Year: 2016
- Issue No: 1
- Page Range: 19-36
- Page Count: 18
- Language: English
