EVERYTHING ROAD SAFETY PROFESSIONALS ALWAYS WANTED TO KNOW ABOUT INDUSTRY-WIDE AUTO INSURANCE DATA * BUT WERE AFRAID TO ASK

摘要

In addition to its others roles, Insurance Bureau of Canada (IBC) collects, validates,stores and analyzes information about all of the country’s private passenger vehicles.The information includes each vehicle’s specifications and standard equipment, theinsurance which consumers have purchased, and the losses each of those consumershas claimed. Analyses of the information serve to support equitable insurance ratings inevery province, IBC’s lobbying and communications efforts, regulators’ objective ofmonitoring the insurance industry, insurance companies’ business decisions,consumers’ buying decisions, and manufacturers’ choices of what to include asstandard equipment on new vehicles.This presentation provides an overview of the information that IBC collects and some ofthe ways in which that information is used.