Arity, a mobility data and analytics company founded by Allstate, announced its partnering with CSAA Insurance Group so the insurer can deploy its Arity IQ Network, which uses driving behavior data to quote personal auto insurance policies.
“At CSAA Insurance Group, we aim to make insurance simple, proactive and personal,” said Rick Lanter, senior vice president for product strategy and development at CSAA, in a statement. “This collaboration represents another step forward in pursuing driving solutions that empower our members who exhibit safe driving behavior.”
Arity also launched a usage-based insurance program, Drive’n Save with Texas Farm Bureau Insurance in March.
Henry Kowal, director of outbound product management, insurance solutions at Arity said in an emailed statement:
“The auto insurance industry is facing unprecedented challenges. Increasing rates has not sparked the level of growth many may have hoped for while at the same time has pushed consumers and existing policyholders to shop around for better rates, putting greater competitive pressure on all auto insurers.
“With the largest driving behavior dataset tied to claims, Arity has the products to help auto insurers navigate these challenges by augmenting their pricing sophistication and risk segmentation capabilities. We are thrilled to partner with CSAA as they leverage the Arity IQ network to help their customers receive a more accurate, personalized price for auto insurance.”