General Insurance Article - ByMiles to gain access to Ford connected car data


Ford announces that By Miles will be the first insurance provider in the UK to get access to connected car data from their newer vehicles.

 This will give Ford owners who've cut out their daily commute, or that are commuting less since the pandemic, the opportunity to make use of data directly from their vehicles to power a pay-per-drive approach, with the potential to make savings on their car insurance.
 
 • Ford is supporting a pay-as-you-drive approach to car insurance that could especially benefit drivers who have bid farewell to – or at least reduced – their daily commute
 • By Miles is the first insurance provider announced in the U.K. to use Ford’s connected vehicle data to help customers reduce the cost of their car insurance
 • The product, which will launch later this year, requires no additional hardware, and could save customers hundreds of pounds

 Launching towards the end of 2021, Ford drivers that own newer models with FordPass Connect modem won't need any additional devices, hardware or software added to their car to start paying by the mile, they simply purchase a By Miles policy and then give their car permission at the tap of a button to share the miles from their car's mileometer with By Miles.

 Having launched the world's first connected car insurance policy back in 2019, which supported Teslas first, this one of many manufacturer partnerships By Miles will be announcing in the coming months.
  

Back to Index


Similar News to this Story

The Divorce Gap as women's incomes cut in half after divorce
Women’s incomes cut in half following a split – leaving them financially vulnerable (24%) and struggling to meet the cost of essentials (19%) and this
Cyber Risk exposure for small businesses
CyberCube has released its latest report: “H1 2025 Global Threat Briefing: Understanding Cyber Risks for Small Businesses”. The report highlights the
EU comprehensive AI Act includes obligations for employers
A major European regulation imposing strict rules on AI activities that pose high and unacceptable risks, including those deployed in the workplace, i

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.