NTT Data Insurtech 2025 quantifies the lift: telematics-augmented dynamic-data underwriting delivers ~20% improvement in pricing accuracy and ~15% reduction in loss ratio, with up to +30% retention through UBI-style programs. EV claims already run ~33% above ICE in Europe (Insurance Europe). Your peer If Insurance already crossed this line with Cambridge Mobile Telematics in 2024.
Macro pool$226.5Bglobal EV insurance by 2030 (GlobeNewswire)
Repair-cost asymmetry+33%EV vs ICE in Europe (Insurance Europe)
Pricing-accuracy lift+20%dynamic telematics (NTT Data 2025)
Loss-ratio lift+15%+ up to 30% retention via UBI (NTT Data)
Battery degradation — the largest single variable in EV total-loss adjudication, currently priced on industry assumptions.
Cycle-stress & thermal risk — invisible to UBI driver-behavior feeds.
Contract context — lease term, residual exposure, expected mileage. UBI does not surface this.
EVS38 Göteborg 2025: most EV batteries maintain >80% SoH even at 300,000 km. Your worst-case underwriting assumptions are overpessimistic. A continuous SoH feed gives an empirical floor.
Why more variables = more accurate pricing.
EV claims behave differently in frequency, severity, and repair economics. Models calibrated on 20+ years of ICE-claims are mis-calibrated.
NTT Data Insurtech 2025: dynamic telematics-augmented underwriting → ~20% pricing accuracy + ~15% loss ratio + up to 30% retention via UBI-style programs.
If × Cambridge Mobile Telematics UBI 2024 — your peer already crossed the telematics-into-underwriting line. Arctura adds the asset-rating layer on top of the driving-behavior layer.
OP Pohjola offers a 20% online EV discount stackable with up to 10% prime — the Finnish market has already priced an EV discount into comparison shopping.
V14 layer + price
L1 — Underwriting tier
€1–3 / asset / mo
Lower than the lessor anchor — the feed is data-only, not full ops dashboard. Reg-hook surcharges (NIS2 +15%, CRA +15%) stack to 30% cap on enterprise contracts.
Tier
Scope
Anchor
Pilot
≤500 assets, 6–8 weeks
€3 / asset + €4,900 setup
Production
10K+ insured assets
€1.50 / asset / mo
Enterprise
50K+ multi-year
€1 / asset + reg-hook stack
Cert pool
per claim event
€30–100 / cert
L8 Aurora DD
9/2026+ roadmap
not invoiced yet
What sits between your UBI vendor and your tariff model.
L1 feed · tariff-tier, not Solvency II IM
What we deliver.
Continuous 4-pillar A–F rating per insured asset, per month. Signed JSON, EU-resident, audit-trail attached.
Risk-tier mapping— A–F maps onto your actuarial bands. We don't replace your tariff model; we feed it a calibrated input.
Battery-thermal & cycle-stress visibility — pillar 1 surfaces the cycle-discipline signal your motor-pricing model currently cannot see.
Claim-event certificate (optional L4 stack) — €30–100 per certified asset-state at point of claim. Useful for repair-vs.-write-off adjudication.
DORA-compliant ICT-provider contract terms — standard at every tier.
Scoped: tariff pricing, not Solvency II IM.
TAS is positioned as a tariff-pricing input, NOT a Solvency II Internal Model input.
Internal Model standards (model explainability, weight disclosure) do not apply at the tariff tier — same precedent as external bond ratings used in tariff pricing without entering capital model.
AI Act 2027: tariff-pricing classification with appropriate documentation. Formal compliance statement published Q4/2026 with the Y1 enterprise contract pack.
EU-residency proof packet — ISO 27001 roadmap, sub-processor list, audit-letter, data-flow diagram — included in DD pack.
Three things underwriters actually ask.
objection handlers · verbatim
“We already use UBI for motor.”
UBI tells you how the car is driven. TAS tells you what the asset is. NTT Data quantifies the incremental: +20% pricing accuracy, +15% loss-ratio, +30% retention. If × CMT 2024 is the precedent. We sit on top of UBI, not against it.
“Solvency II IM requires model explainability.”
TAS is a tariff-pricing input, not a Solvency II IM input. Same precedent as external bond ratings — used in pricing without entering capital model. AI Act: tariff-tier classification, formal statement Q4/2026.
“NIS2 makes us a data-fiduciary — what about the load?”
The load goes onto a stack designed to carry it. EU-sovereign by construction, Sweden Central residency, DORA-compliant ICT-provider terms standard, sub-processor list in DD. You process the score — not the raw telemetry.
Validation Packet.
actuarial + AI Act + Solvency II scoped
Positioned for tariff pricing. Methodology + inputs + performance metrics are public. Pillar weights are trade-secret — same standard as bond ratings used in tariff pricing.
Public — in the DD pack
Methodology + scope
Methodology paper (pillars + score-mapping)
Four input pillars, audit-grade record
Quarterly model card (drift + fairness review)
Solvency II scoping note — tariff tier, not IM
AI Act compliance statement (Q4/2026)
DORA-compliant ICT-provider contract terms
ISO 27001 roadmap + sub-processor list
3rd-party validation engagement (Y1 EU audit firm)
Trade-secret — never published
Pillar weights
Pillar-weight blend
Score-mapping formula constants
Internal cross-validation cohort splits
Drift-trigger threshold values
Same as a bond rating agency does not publish its sovereign-rating weighting formula.
SLA & honest pilot timeline.
Nordic P&C-realistic dates
Pilot — 6 to 8 weeks end-to-end
Scoping + NDA · 1–3 days
DPA + data-protection review (insurer-side · often the longest leg) · 2–3 weeks
IT-onboarding + adapter integration · 1–2 weeks
Actuarial sandbox + go-live · 2–3 weeks
SLA tiers
Tier
Uptime
Response
Bronze (default)
99.5%
4h biz hours
Silver (Production ≥10K)
99.9%
1h biz hours
Gold (Enterprise ≥50K)
99.95%
30 min 24/7
DORA-compliant incident-reporting + ICT-provider terms standard at all tiers. EU-resident on-call.
Sources cited.
drop-in for insurer DD
GlobeNewswire — Electric Vehicle Insurance Strategic Business Report 2026 ($226.5B by 2030)
Insurance Europe — Motor Annual Report 2023-2024 (EV repair ~33% above ICE)
NTT Data — Insurtech Global Outlook 2025 (20% pricing accuracy + 15% loss ratio + 30% retention)
If Insurance — Sustainability Report 2023 (Cambridge Mobile Telematics UBI 2024)
EVS38 Göteborg 2025 — Challenging battery aging myths (>80% SoH at 300K km)
OP Pohjola — EV insurance discount mechanics (20% online + 10% stackable)