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For insurance, punishing an individual is improving risk modelling. Insurance companies are also involved in promoting technologies that reduce the risk of clai

by hopler 8y ago

For insurance, punishing an individual is improving risk modelling. Insurance companies are also involved in promoting technologies that reduce the risk of claims, as that expands their addressable market by lowering prices without lowering profit.

gerbilly 8y ago
>Insurance companies are also involved in promoting technologies that reduce the risk of claims Yeah, that's why trucks and buses beep all over the world. Thanks for the noise, insurance industry!