Russia’s Yandex using AI to reward safe drivers with big insurance discounts - ET AutoNewly-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.
https://www.civilengineering.ai/russias-yandex-using-ai-to-reward-safe-drivers-with-big-insurance-discounts/
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