Research On Auto Insurance Implementation Plan Based On UBI

From January 1st,2016,18 provinces and municipalities have fully enabled the new commercial auto insurance terms rate,marking the commercial auto insurance reform pilot full implementation.UBI(Usage-based auto insurance)as a large data auto insurance pricing model,it gets more and more attention.This paper studies the development history of UBI,General situation analysis of motor vehicle insurance market and related research on insurance UBI products and driver behavior.At the same time put forward the concrete implementation scheme with insurance UBI products,and bring the project after the implementation of the UBI value.The thesis adapted the pricing model-ShangQuan-Modle method of"Research on the Automobile Insurance Ratemaking Mode and Method Based on UBI in the Internet of Vehicles".According to the commercial auto insurance rate reform policy and the actual situation,the thesis provides the solution and implementation plan for UBI project of YDPIC.With the continuous progress of China's vehicle insurance rate market reform,vehicle insurance independent pricing has become an inevitable trend.After implementation of the project There is no big impact on existing core business.The proposed solution has reference value for UBI implementation.