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Will your online profile increase your insurance premiums?

There had been recent plans for an innovative new way to calculate car insurance risk for young drivers based on their social media online personalities. The original plan, recently halted by insurance provider Admiral, was to search the Facebook posts of first time car insurance customers to assess whether they were safe drivers, and then offer them discounted premiums. Adam Shaw looks in to the other new developments using social media in the insurance sector. Is it too Big Brother? Or is anything that helps personalise premiums a good thing? We hear from insurance tech expert Greg Brown of Oxbow Partners.

First broadcast on Money Box, 6 November 2016.

Release date:

Duration:

5 minutes

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