Mr. Gerry Hassett:

I am not privy to the precise strategies and tactics deployed by individual companies. It has always been a core principle in insurance that the more data one has about a risk, the more accurately one can price that risk. That works in several different ways. To take the example of the health insurance sector, if one wears a Fitbit or goes to the gym, one will get a discount. If one puts a black box with all the telematics in one's car, a motor insurance company will give one a discount because the customer is providing more information that allows the company to more accurately price the risk. That issue of data works both ways. For some people, the data will lead to a lower premium. I am not sure of the context within which it is used in individual pricing strategies.