Russia’s Yandex using AI to reward safe drivers with big insurance discounts – ET Auto
Newly-listed Renaissance Insurance has verified Yandex’s algorithms and the two companies will team up to offer car insurance discounts of up to 35% to the safest drivers using the Yandex.Drive app.
Russian tech giant Yandex plans to reward responsible drivers on its with cheaper insurance this year, it told Reuters, using machine learning in a pilot programme similar to one already adopted by Tesla.
Newly-listed Renaissance Insurance has verified Yandex’s algorithms and the two companies will team up to offer car insurance discounts of up to 35% to the safest drivers using the Yandex.Drive app.
Yandex did not disclose the terms of the deal, and Renaissance Insurance declined comments on the terms.
Russian tech giant Yandex plans to reward responsible drivers on its with cheaper insurance this year, it told Reuters, using machine learning in a pilot programme similar to one already adopted by Tesla.
Newly-listed Renaissance Insurance has verified Yandex’s algorithms and the two companies will team up to offer car insurance discounts of up to 35% to the safest drivers using the Yandex.Drive app.
Yandex did not disclose the terms of the deal, and Renaissance Insurance declined comments on the terms.
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