LexisNexis and IMS Partner to Cut UBI Costs with On-Device Telematics
Event summary
- LexisNexis Risk Solutions and IMS integrated Drive Metrics scoring model into EdgeSDK for smartphone-based telematics (September 24, 2026).
- Solution enables U.S. insurers to reduce UBI program costs by 50-80% by eliminating cloud processing fees.
- Drive Metrics model improves risk assessment by 79% over standard rating factors.
- Technology keeps driving data on user devices, enhancing transparency and privacy.
The big picture
This partnership addresses the long-standing cost and operational challenges of traditional UBI programs, which have limited their growth despite strong consumer demand for personalized pricing. By moving telematics processing to the device, the companies are creating a more scalable foundation for connected insurance services. The integration of LexisNexis' risk intelligence with IMS' EdgeSDK could set a new standard for driving intelligence in auto insurance.
What we're watching
- Adoption Pace
- How quickly U.S. insurers will implement this cost-effective UBI solution.
- Competitive Response
- Whether traditional telematics providers will develop similar on-device solutions.
- Data Utilization
- The extent to which insurers will leverage this normalized driving data across the insurance lifecycle.
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