What if insurers used yesterday’s accidents to prevent tomorrow’s?
TL;DR: Barbados’ motor insurers collectively possess years of claims data showing when, where and under what circumstances accidents occur. What if insurers pooled selected, anonymised data and used it to warn motorists about historically high-risk days, times and locations? A Friday-morning Facebook post, TikTok video, Instagram post or email might tell motorists that historical claims…
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