BI Intelligence
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Insurance companies have long based their pricing models and strategies on assumptions about the demographics of their customers. Auto insurers, for example, have traditionally charged higher premiums for parents of teenage drivers based on the assumption that members of this demographic are more likely to get into an accident.
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See Also:
- New York-based industrial IoT startup Oden Technologies just raised $10 million for manufacturing data analytics
- Chase and Hyatt are launching a new cobranded card
- Walmart launches virtual reality features
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