Actuarial science vs. Data science: Who Wins? (w/Jason Wootton, Founder Motionauto)
Episode description
Meet Jason Wootton Founder Motionauto insurance, an MGA focused on automotive insurance using telematics.
You can learn how Motionauto is using telematics beyond underwriting to create driver profiles and scores, moving away from proxy data into real-time insights on how drivers actually drive. The rating algorithm has to help the consumer understand what they are actually paying for. If their rate changes, the agent should be able to say exactly why to justify the expense what you pay over a lifetime for auto insurance.
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